Form 8-K · Current Report · Filed 2024-10-15
Kroger Extends Exchange Offers and Consent Solicitations for Albertsons Notes
On October 15, 2024, The Kroger Co. extended the expiration date of Exchange Offers and Consent Solicitations for Albertsons Companies, Inc. notes, now set to expire on October 22, 2024, to facilitate the pending merger between a wholly owned direct subsidiary of Kroger and Albertsons Companies, Inc. The Exchange Offers involve exchanging up to $7,441,608,000 aggregate principal amount of new notes and cash for outstanding Albertsons notes. Consent Solicitations are for adopting proposed amendments to the indentures governing the Albertsons notes. The settlement of these offers is expected to occur promptly after the expiration date and on or promptly after the closing of the Merger.
- Filer
- Kroger Co. KR · NYSE
- Filed
- Accession
- 0001104659-24-108381
- CIK
- 0000056873
- Signal
- Medium impactConsumer Defensive
- Source
- Official filing on sec.gov ↗
Items reported
Other Events
Financial Statements and Exhibits
Market reaction
Close before filing
$55.27
Next session
+2.5%
Since filing
+4.5%
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.
Never miss another KR filing
Profitelligence watches EDGAR around the clock and alerts you within seconds.