secwatch.observer — SEC 8-K summary
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Issuer:     Albertsons Companies, Inc. (ACI)
CIK:        0001646972
Form:       8-K
Filed at:   2023-02-14T23:59:59+00:00
Accession:  0001193125-23-039126
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Albertsons issues $750M 6.500% senior notes due 2028 to refinance maturing notes
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- Issued $750M aggregate principal of 6.500% senior notes due February 15, 2028.
- Net proceeds plus cash on hand will repay $750M of 3.500% senior notes maturing Feb 15, 2023.
- Interest payable semi-annually on Feb 15 and Aug 15, starting Aug 15, 2023.
- Notes are unsecured and guaranteed by certain domestic subsidiaries on a senior unsecured basis.
- Optional redemption at 106.500% of principal via equity offering proceeds up to 40% before Feb 15, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1646972/000119312523039126/0001193125-23-039126-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1646972/000119312523039126/d445429d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-039126

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