EXHIBIT 99.1
FOR IMMEDIATE RELEASE PRESS RELEASE
CONTACT: Dollar General Corporation
100 Mission Ridge
Goodlettsville, Tennessee 37072
Investor Contact: Kiley Fleming
(615) 855-4000
Dollar General Corporation Announces Pricing of
$200 Million Private Placement
GOODLETTSVILLE, TENNESSEE -- June 20, 2000 -- Dollar General Corporation (NYSE:
DG) announced today that it privately placed $200 million of 8 5/8% notes due
2010, with an original issue price of 99.784%.
Closing on the private placement is expected to occur on or about June 21, 2000.
The proceeds from the sale of the notes will be used to repay outstanding
short-term debt and for general corporate purposes.
The notes have not been registered under the Securities Act and may not be
offered or sold in the United States absent registration or an applicable
exemption from the registration requirements.
Dollar General operates more than 4,510 neighborhood stores in 24 states with
distribution centers in Georgia, Kentucky, Mississippi, Oklahoma and Virginia.
