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Prospect News home > News index > List of issuers Tenders > Headlines for 2020 > News item
Published on 12/2/2020 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Albertsons to redeem $700 million of 5¾% senior notes due 2025

By Cady Vishniac

Detroit, Dec. 2 – Albertsons Cos., Inc. intends to redeem $700 million of its outstanding 5¾% senior notes due 2025, along with fees and expenses related to the redemption, using cash on hand and proceeds from its planned issue of senior notes due 2029, according to a company press release.

The redemption will be conditional upon the offering of the new notes.

Albertsons is a Boise, Idaho-based grocery company.


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