debt
confidence high
sentiment neutral
materiality 0.50
Albertsons prices $600M 6.250% senior notes due 2033 to refinance 7.500% notes due 2026
Albertsons Companies, Inc.
- $600M aggregate principal of 6.250% senior notes due 2033 priced at par.
- Proceeds, plus cash on hand, to redeem $600M of 7.500% senior notes due March 15, 2026.
- Notes issued by ACI, Safeway, New Albertsons L.P., Albertson's LLC, Albertsons Safeway LLC.
- Offering expected close on or about March 11, 2025; offered under Rule 144A/Reg S.