Albertsons® Companies, Inc. has successfully priced an upsized private offering totaling $2.1 billion in aggregate principal amount of senior notes. This includes $1.2 billion of 5.625% notes due 2032 and $900 million of 5.750% notes due 2034. The 2032 notes carry interest payable semi-annually on May 1 and November 1, while the additional 2034 notes will be issued under the same indenture as the Company’s existing 5.75% senior notes. Proceeds are earmarked to repay existing indebtedness and for general corporate purposes, enhancing the Company’s liquidity and extending its debt maturity profile out to 2034.

Prior to the upsizing, Albertsons had filed a preliminary prospectus supplement indicating its intention to offer $1.1 billion of new senior notes. The proposed notes were expected to be issued under the same indenture as the Company’s outstanding senior debt, providing flexibility to allocate proceeds across refinancing and working capital needs. This earlier announcement underscored the Company’s proactive approach to managing its capital structure in the current interest rate environment and securing long-term funding at attractive fixed rates.