Albertsons (ACI) Prices $600M Notes Offering
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Albertsons Companies, Inc. Announces Pricing of Its Senior Notes Offering
February 19, 2025 4:05 PM UTCBOISE, Idaho--(BUSINESS WIRE)-- Albertsons Companies, Inc. (NYSE: ACI) (the Company) today announced the pricing of its private offering of $600 million aggregate principal amount of its 6.250% senior notes due 2033 (the Notes). The Company and its subsidiaries, Safeway Inc., New Albertsons L.P., Albertsons LLC and Albertsons Safeway LLC, will be co-issuers of the Notes. The offering is expected to close on or about March 11, 2025, subject to customary closing conditions.
The Company intends to use the net proceeds from the offering, together with cash on hand, to (i) redeem in full the $600 million outstanding of... More
