Kroger said it extended the expiration date of its offers to exchange notes issued by Albertsons Companies, Inc. and related entities from September 23, 2024 at 5 p.m. to September 27, 2024 at 5 p.m. New York City time.

1. 01

   Kroger said it extended the expiration date of its offers to exchange notes issued by Albertsons Companies, Inc. and related entities from September 23, 2024 at 5 p.m. to September 27, 2024 at 5 p.m. New York City time.

2. 02

   The company made offers to exchange any and all outstanding notes issued by ACI and its related issuing entities for up to $7,441,608,000 aggregate principal amount of new notes to be issued by Kroger, plus cash.

3. 03

   Kroger said the exchange offers and consent solicitations are conditioned on the closing of its merger with ACI, and that Kroger cannot waive this condition. It said the merger closing is not conditioned on completion of the exchange offers or consent solicitations, and it expects the merger to close in the Q4 of calendar 2024.

4. 04

   As of August 29, 2024, Kroger said it had received the consents required to adopt the proposed amendments for the Consented Series and that the relevant parties had executed supplemental indentures. It said the amendments will become operative only upon settlement of the exchange offers, which is expected promptly after the expiration date, on or promptly after the merger closing date.

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