THE BI-LO GROCERY CHAIN HAS EMERGED FROM CHAPTER 11 BANKRUPTCY.   THE SOUTH CAROLINA-BASED COMPANY FILED IN MARCH OF 2009 – SEEKING PROTECTION TO ADDRESS A DEBT MATURITY.   NOW, THE COMPANY SAYS IT HAS REDUCED ITS FUNDED INDEBTEDNESS BY 60-MILLION DOLLARS.   THERE ARE MORE THAN 200 BI-LO STORES… INCLUDING ONE IN LAFAYETTE.  BI-LO PRESIDENT MICHAEL BYARS SAID THE COMPANY IS EMERGING FROM BANKRUPTCY "STRONGER AND LEANER".

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