Nov 20 (Reuters) - Liquor Stores Na Ltd LIQ.TO
* Liquor Stores Na says selling its 15 liquor barn retail stores in Kentucky & entering into negotiations to sell its 51% interest in Birchfield ventures
* Liquor Stores Na - completion of both Kentucky, Birchfield transactions will reduce co's long-term debt levels by up to $47 million (US$37 million)
* Liquor Stores Na Ltd - liquor stores will also close its U.S. head office and will no longer have any U.S.-based executives or senior management
* Liquor Stores - completing Kentucky, Birchfield transactions will end co's obligation to buy remaining 49% interest in Birchfield as early as Jan 1, 2019
* Liquor Stores Na Ltd - is also currently in discussions with a third party about sale of its store in Norwalk, Connecticut
* Liquor Stores Na - sold the 15 stores in Kentucky to Blue Rose Spirits Llc, deal generated gross proceeds of about $33.4 million (US$26.15 million) on closing
* Liquor Stores Na says is finalising sale of its indirect 51% interest in Birchfield for anticipated gross proceeds of about $3.8 million (US$3.0 million)
* Liquor Stores Na - sold 15 stores in Kentucky to Blue Rose Spirits Llc , unit of Blue Equity Llc, for gross proceeds of about $33.4 million (US$26.15 million)
* Liquor Stores - if Birchfield/Connecticut transactions not completed, co may elect to pursue sale with another party or not to sell interest at this time