The Kroger Co.

$600,000,000
4.500% Senior Notes due 2029
Joint Bookrunner

Transaction summary

BB&T Capital Markets serves as joint-bookrunner for The Kroger Co. $600 million 4.50% offering of senior notes due 2029.

Proceeds from the offering are being used to repay existing debt and for general corporate purposes.

About the company

The Kroger Co. (NYSE: KR)

The Kroger Co., together with its subsidiaries, operates as a retailer worldwide. The Company also manufactures and processes food for sale in its supermarkets. The Company operates supermarkets and multi-department stores under two dozen banners, including Kroger, City Market, Dillon’s, Food 4 Less, Fred Meyer, Fry’s, Harris Teeter, Jay C, King Soopers, QFC, Ralphs, and Smith’s. As of February 3, 2018, directly or through subsidiaries Kroger operated approximately 2,782 retail food stores, 2,268 pharmacies, 1,489 supermarket fuel centers, an online retailer and 38 food production plants in the United States.

Learn moreabout The Kroger Co. (opens in a new tab)

Consumer & Retail

Our team of industry experts combines decades of experience working with retail and consumer companies on a broad variety of financial transactions.

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BB&T Capital Markets is a division of BB&T Securities, LLC, a wholly owned nonbank subsidiary of BB&T Corporation and Member FINRA(opens in a new tab) / SIPC(opens in a new tab). Securities or insurance products and annuities sold, offered or recommended are not a deposit, not FDIC insured, not guaranteed by a bank, not guaranteed by any federal government agency and may go down in value. Corporate banking products are offered through Branch Banking & Trust Company. Read all disclosures.