Kroger prices $10.5 billion of senior notes

Cincinnati , aug. 20, 2024 /prnewswire/ -- the kroger co. (nyse:kr) ("kroger" or the "company") announced today that it has priced a public offering in an aggregate principal amount of $1.0 billion of its 4.700% senior notes due 2026 at a price of 99.996 percent of par (the "2026 notes"); $1.0 billion of its 4.600% senior notes due 2027 at a price of 99.980 percent of par (the "2027 notes"); $1.4 billion of its 4.650% senior notes due 2029 at a price of 99.895 percent of par (the "2029 notes"); $1.3 billion of its 4.900% senior notes due 2031 at a price of 99.961 percent of par (the "2031 notes"); $2.2 billion of its 5.000% senior notes due 2034 at a price of 99.747 percent of par (the "2034 notes"); $2.1 billion of its 5.500% senior notes due 2054 at a price of 99.588 percent of par (the "2054 notes"); and $1.5 billion of its 5.650% senior notes due 2064 at a price of 99.555 percent of par (the "2064 notes"). the expected settlement date for the offering is august 27, 2024, subject to the satisfaction of customary closing conditions.
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