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Form 8-K · Current Report · Filed 2024-08-27

The Kroger Co. Announces Issuance of Senior Notes

On August 20, 2024, The Kroger Co. announced the issuance of multiple tranches of senior notes totaling $10.5 billion, with maturity dates ranging from 2026 to 2064. The issuance is pursuant to a Registration Statement on Form S-3 and involves underwriting and pricing agreements with Citigroup Global Markets Inc. and Wells Fargo Securities, LLC. The notes are subject to an Indenture dated June 25, 1999, and a Fiftieth Supplemental Indenture dated August 27, 2024.

Filer
Kroger Co. KR · NYSE
Filed
Accession
0001104659-24-093481
CIK
0000056873
Signal
Low impactConsumer Defensive

Items reported

Item 8.01

Other Events

Corporate Update
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$52.77

Next session

+0.9%

Since filing

+9.4%

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 (5)

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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