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New Bond Terms for Grocery Merger: The partners in a planned supermarket merger have offered their bondholders unspecified new terms for a deal under which existing holdings would be swapped for new bonds that would be issued by a merged grocery company. The negotiations are the first step in a plan by Food 4 Less Supermarkets to finance its purchase of Ralphs Grocery Co. The bondholders want higher interest payments and enhanced fees as a condition for the bond swap. Talks were extended to March 3. Food 4 Less also said Ralphs shareholders agreed to make some “accommodations” during the talks, but it declined to elaborate.