Kroger said it extended the expiration time of the exchange offers for all outstanding Albertsons Companies, Inc. (ACI) notes from October 9, 2024 at 5 p.m. to October 16 at 5 p.m. New York City time.

1. 01

   Kroger said it extended the expiration time of the exchange offers for all outstanding Albertsons Companies, Inc. (ACI) notes from October 9, 2024 at 5 p.m. to October 16 at 5 p.m. New York City time.

2. 02

   The company said the exchange offers cover up to $7,441,608,000 in aggregate principal amount of new notes to be issued by Kroger, plus cash. It also extended the expiration date of the consent solicitations for the Unconsented Series of the ACI indentures to the same time.

3. 03

   Kroger said the exchange offers are conditioned on the closing of its merger with ACI, a condition Kroger cannot waive, and that settlement is expected promptly after the expiration date and on or promptly after the merger's closing date. It said the merger closing is not conditioned on completion of the exchange offers or consent solicitations.

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 the amendments will become operative only upon settlement of the exchange offers. It said it expects the merger to close in the fourth quarter of 2024 and that the expiration date may be extended further as a result.

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Original filing

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