debt
confidence high
sentiment neutral
materiality 0.50
Albertsons issues $2.1B in senior notes to refinance 2027 and 2028 maturities
Albertsons Companies, Inc.
- Issued $1,200M of 5.625% senior notes due 2032 and $900M of 5.750% senior notes due 2034.
- Proceeds, plus cash on hand, to redeem $1,350M of 4.625% notes due Jan 2027 and $750M of 5.875% notes due Feb 2028.
- 2032 Notes mature March 31, 2032; 2034 Notes mature March 31, 2034; interest payable semi-annually.
- 2034 Notes are additional issuance under existing Nov 2025 indenture; 2032 Notes under new Feb 2026 indenture.
- Notes are unsecured senior obligations, guaranteed by certain domestic subsidiaries.