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Form 8-K · Current Report · Filed 2024-08-15

Kroger Commences Exchange Offers and Consent Solicitations for Albertsons Notes in Connection with Merger

The Kroger Co. has commenced exchange offers for Albertsons Companies' outstanding notes and consent solicitations to amend the corresponding indentures, in connection with the previously disclosed merger. These actions are made pursuant to a confidential offering memorandum and consent solicitation statement and are conditioned upon the completion of the merger.

Filer
Kroger Co. KR · NYSE
Filed
Accession
0001104659-24-090141
CIK
0000056873
Signal
High impactConsumer Defensive

Items reported

Item 8.01

Other Events

Regulatory Investigation Corporate Update
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$52.70

Next session

+0.9%

Since filing

+9.6%

Latest close

$57.74

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from KR reporting the same item, with the next session's move:

Exhibits (1)

About Kroger Co.

Kroger Co., a leading grocery retailer in the United States, operates a vast chain of supermarkets and multi-department stores. With its origins tracing back to 1883, Kroger has grown to become one of the largest retail companies worldwide. The primary function of Kroger is to provide a wide range of food and grocery items, along with other essential goods and pharmacy services, to consumers across the nation. Known for its strong private label brands, Kroger offers products that cater to diverse dietary preferences and budgets. The company plays a pivotal role in the retail sector by maintaining an extensive supply chain network, which is crucial for ensuring food security and accessibility in numerous communities. In addition to its retail operations, Kroger is at the forefront of sustainability initiatives, incorporating environmentally responsible practices and focusing on reducing food waste. Its impact extends beyond groceries, influencing industries such as agriculture, transportation, and logistics, further underscoring its significance in the financial market.

Exchange NYSE Industry Grocery Stores Company website ↗

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