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Kroger Raises $300M in Debt Sale
CINCINNATI — Kroger Co. here on Tuesday raised $300 million through the sale of senior unsecured notes due in 2040.
1 Min Read
JON SPRINGER
CINCINNATI — Kroger Co. here on Tuesday raised $300 million through the sale of senior unsecured notes due in 2040.
Proceeds from the offering were to be used for general corporate purposes, Kroger said in a prospectus filed with the Securities and Exchange Commission.
The offering was rated as stable by rating agencies. The size of the deal was increased from an originally planned $250 million, according to Thomson Reuters.
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