Kroger said it extended the expiration date of its exchange offers and consent solicitations for ACI Notes from November 20, 2024 at 5 p.m. to November 26 at 5 p.m. New York City time.

1. 01

   Kroger said it extended the expiration date of its exchange offers and consent solicitations for ACI Notes from November 20, 2024 at 5 p.m. to November 26 at 5 p.m. New York City time.

2. 02

   The company said it is offering to exchange any and all ACI Notes for up to $7,441,608,000 aggregate principal amount of new Kroger Notes and cash.

3. 03

   Kroger said the exchange offers are conditioned on the closing of the merger with ACI and that this condition cannot be waived. It said settlement is expected on or promptly after the Expiration Date and on or promptly after the merger closing date. The company said 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 supplemental indentures had been executed, but the amendments will become operative only upon settlement of the exchange offers. Tenders of ACI Notes may be withdrawn at or before the Expiration Date, but consents cannot be withdrawn.

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.

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.