Firm News: Cahill Represents Initial Purchasers in Albertsons’ $600 Million Notes Offering 03.11.2025

Cahill Represents Initial Purchasers in Albertsons' $600 Million Notes Offering

Date: 03/11/25

Cahill represented the initial purchasers in connection with a Rule 144A offering of $600 million aggregate principal amount of 6.250% senior notes due 2033 by Albertsons Companies, Inc., Safeway Inc., New Albertsons L.P., Albertson's LLC, and Albertsons Safeway LLC.

Proceeds from the offering were used to redeem in full the $600 million outstanding of the 7.500% senior notes due 2026.

Albertsons Companies, Inc. is one of the largest food and drug retailers in the United States, operating stores across 34 states and the District of Columbia with more than 20 banners including Albertsons, Safeway, Vons, Pavilions, Randalls, Tom Thumb, Carrs, Jewel-Osco, Acme, Shaw's, Star Market, United Supermarkets, Market Street, Haggen, Kings Food Markets, and Balducci's Food Lovers Market.