Loblaw Companies Limited announces closing of $350 million medium term notes, series 2-A offering



    BRAMPTON, ON, May 8 /CNW/ - Loblaw Companies Limited (TSX: L) announced
today that it has closed its previously announced offering of $350 million of
Medium Term Notes, Series 2-A.

    About Loblaw Companies Limited

    Loblaw Companies Limited ("Loblaw"), a subsidiary of George Weston
Limited, is Canada's largest food distributor and a leading provider of
drugstore, general merchandise and financial products and services. Loblaw is
one of the largest private sector employers in Canada. With more than 1,000
corporate and franchised stores from coast to coast, Loblaw and its
franchisees employ over 139,000 full-time and part-time employees. Through its
portfolio of store formats, Loblaw is committed to providing Canadians with a
wide, growing and successful range of products and services to meet the
everyday household demands of Canadian consumers. Loblaw is known for the
quality, innovation and value of its food offering. It offers Canada's
strongest control (private) label program, including the unique President's
Choice(R), no name(R) and Joe Fresh Style(R)brands. In addition, the Company
makes available to consumers President's Choice Financial(R) services and
offers the PC(R) points loyalty program.





For further information:

For further information: or images, please contact: Inge van den Berg,
Vice President, Corporate Affairs and Investor Relations, Loblaw Companies
Limited, (905) 459-2500, investor@loblaw.ca


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