secwatch.observer — SEC 8-K summary
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Issuer:     KROGER CO (KR)
CIK:        0000056873
Form:       8-K
Filed at:   2024-12-13T23:59:59+00:00
Accession:  0001104659-24-128106
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.04
LLM model:  deepseek-v4-flash:cloud@v2

Kroger terminates Albertsons merger, triggers $4.7B special mandatory note redemption at 101%
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- Terminated merger with Albertsons on Dec 11, 2024; triggered mandatory redemption of SMR Notes.
- Kroger issued notice to redeem $4.7B of Senior Notes: $1B 4.700% due 2026, $1B 4.600% 2027, $1.4B 4.650% 2029, $1.3B 4.900% 2031.
- Redemption at 101% of principal plus accrued interest; redemption date Dec 18, 2024.
- Notes were issued Aug 27, 2024 under Indenture with U.S. Bank Trust; redemption required upon merger termination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/56873/000110465924128106/0001104659-24-128106-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/56873/000110465924128106/tm2430972d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-128106

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