other material
confidence high
sentiment neutral
materiality 0.50
Kroger extends exchange offer deadline for $7.44B Albertsons notes to Oct 3
KROGER CO
- Expiration date moved from Sep 27 to Oct 3, 2024, 5:00 PM NY time.
- Exchange offers cover up to $7,441,608,000 aggregate principal of Albertsons notes.
- Exchange offers conditioned on closing of Kroger-ACI merger, expected Q4 2024.
- Requisite consents already received for Consented Series; supplemental indentures executed.
- Settlement expected promptly after Expiration Date and on or after merger close.