STELLARTON, NS – Sobeys Inc. announced today its intention to issue $150 million principal amount of medium term notes (“MTNs”) pursuant to its short form base shelf prospectus dated June 1, 2010. The notes are being offered on an agency basis through a syndicate led by National Bank Financial Inc. and TD Securities Inc. and are expected to be issued on June 7, 2010. The notes will bear interest of 6.64% over a 30-year term.
