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Kroger logoKroger KR

Kroger said it extended the expiration date of the Exchange Offers and related Consent Solicitations for the ACI Notes, from 5 p.m. on September 17, 2024 to 5 p.m. on September 23 (New York City time).

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Kroger said it extended the expiration date of the Exchange Offers and related Consent Solicitations for the ACI Notes, from 5 p.m. on September 17, 2024 to 5 p.m. on September 23 (New York City time).

  2. The company said it is conducting Exchange Offers for the ACI Notes, exchanging them for up to $7,441,608,000 in aggregate principal amount of new Kroger notes and cash.

  3. The company said the Exchange Offers and Consent Solicitations are conditioned on the closing of the Merger, and that this condition cannot be waived by Kroger. It said settlement is expected on or shortly after the closing date of the Merger.

  4. The company said it expects the Merger to close in the fourth quarter of calendar 2024 and that the Expiration Date may therefore be extended further. As of August 29, 2024, it said the required consents had been received for the Consented Series.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Exchange Offers Expiration Date Extended

Kroger said it extended the expiration date of the Exchange Offers and related Consent Solicitations for the ACI Notes, from 5 p.m. on September 17, 2024 to 5 p.m. on September 23 (New York City time).

Source · Based on the filing body and exhibits

New Notes Limit for Exchange Offers

The company said it is conducting Exchange Offers for the ACI Notes, exchanging them for up to $7,441,608,000 in aggregate principal amount of new Kroger notes and cash.

Source · Based on the filing body and exhibits

Merger Conditions and Settlement Timing

The company said the Exchange Offers and Consent Solicitations are conditioned on the closing of the Merger, and that this condition cannot be waived by Kroger. It said settlement is expected on or shortly after the closing date of the Merger.

Source · Based on the filing body and exhibits

Expected Merger Closing Timing and Consent Status

The company said it expects the Merger to close in the fourth quarter of calendar 2024 and that the Expiration Date may therefore be extended further. As of August 29, 2024, it said the required consents had been received for the Consented Series.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.