08/22/2024 | Press release | Distributed by Public on 08/22/2024 07:06
| | |
Initial public
offering price |
| |
Underwriting
discounts |
| |
Proceeds, before
expenses, to Kroger |
| |||||||||
Per 2026 note
|
| |
99.996%
|
| |
0.250%
|
| |
99.746%
|
| |||||||||
2026 notes Total
|
| | | $ | 999,960,000 | | | | | $ | 2,500,000 | | | | | $ | 997,460,000 | | |
Per 2027 note
|
| |
99.980%
|
| |
0.350%
|
| |
99.630%
|
| |||||||||
2027 notes Total
|
| | | $ | 999,800,000 | | | | | $ | 3,500,000 | | | | | $ | 996,300,000 | | |
Per 2029 note
|
| |
99.895%
|
| |
0.600%
|
| |
99.295%
|
| |||||||||
2029 notes Total
|
| | | $ | 1,398,530,000 | | | | | $ | 8,400,000 | | | | | $ | 1,390,130,000 | | |
Per 2031 note
|
| |
99.961%
|
| |
0.625%
|
| |
99.336%
|
| |||||||||
2031 notes Total
|
| | | $ | 1,299,493,000 | | | | | $ | 8,125,000 | | | | | $ | 1,291,368,000 | | |
Per 2034 note
|
| |
99.747%
|
| |
0.650%
|
| |
99.097%
|
| |||||||||
2034 notes Total
|
| | | $ | 2,194,434,000 | | | | | $ | 14,300,000 | | | | | $ | 2,180,134,000 | | |
Per 2054 note
|
| |
99.588%
|
| |
0.875%
|
| |
98.713%
|
| |||||||||
2054 notes Total
|
| | | $ | 2,091,348,000 | | | | | $ | 18,375,000 | | | | | $ | 2,072,973,000 | | |
Per 2064 note
|
| |
99.555%
|
| |
0.875%
|
| |
98.680%
|
| |||||||||
2064 notes Total
|
| | | $ | 1,493,325,000 | | | | | $ | 13,125,000 | | | | | $ | 1,480,200,000 | | |
Total
|
| | | $ | 10,476,890,000 | | | | | $ | 68,325,000 | | | | | $ | 10,408,565,000 | | |
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Page
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Prospectus Supplement
|
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Forward-Looking Statements
|
| | | | S-2 | | |
Incorporation by Reference
|
| | | | S-2 | | |
The Company
|
| | | | S-3 | | |
Risk Factors
|
| | | | S-8 | | |
Use of Proceeds
|
| | | | S-17 | | |
Description of the Notes
|
| | | | S-18 | | |
United States Federal Tax Considerations
|
| | | | S-31 | | |
Underwriting
|
| | | | S-37 | | |
Validity of the Notes
|
| | | | S-43 | | |
Experts
|
| | | | S-43 | | |
Prospectus
|
| | |||||
About This Prospectus
|
| | | | 1 | | |
The Company
|
| | | | 1 | | |
Risk Factors
|
| | | | 1 | | |
Forward Looking Statements
|
| | | | 1 | | |
Where You Can Find More Information
|
| | | | 2 | | |
Use of Proceeds
|
| | | | 2 | | |
Conflicts of Interest
|
| | | | 3 | | |
Plan of Distribution
|
| | | | 3 | | |
Description of Debt Securities
|
| | | | 3 | | |
Description of Capital Stock
|
| | | | 7 | | |
Description of Depositary Shares
|
| | | | 9 | | |
Description of Warrants
|
| | | | 11 | | |
Experts
|
| | | | 12 | | |
Legal Matters
|
| | | | 12 | | |
Underwriter
|
| |
Principal
Amount of 2026 Notes |
| |
Principal
Amount of 2027 Notes |
| |
Principal
Amount of 2029 Notes |
| |
Principal
Amount of 2031 Notes |
| |
Principal
Amount of 2034 Notes |
| |
Principal
Amount of 2054 Notes |
| |
Principal
Amount of 2064 Notes |
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Citigroup Global Markets Inc.
|
| | | $ | 200,000,000 | | | | | $ | 200,000,000 | | | | | $ | 280,000,000 | | | | | $ | 260,000,000 | | | | | $ | 440,000,000 | | | | | $ | 420,000,000 | | | | | $ | 300,000,000 | | |
Wells Fargo Securities, LLC
|
| | | $ | 200,000,000 | | | | | $ | 200,000,000 | | | | | $ | 280,000,000 | | | | | $ | 260,000,000 | | | | | $ | 440,000,000 | | | | | $ | 420,000,000 | | | | | $ | 300,000,000 | | |
Mizuho Securities USA LLC
|
| | | $ | 92,090,000 | | | | | $ | 92,090,000 | | | | | $ | 128,926,000 | | | | | $ | 119,717,000 | | | | | $ | 202,598,000 | | | | | $ | 193,389,000 | | | | | $ | 138,135,000 | | |
Truist Securities, Inc.
|
| | | $ | 92,090,000 | | | | | $ | 92,090,000 | | | | | $ | 128,926,000 | | | | | $ | 119,717,000 | | | | | $ | 202,598,000 | | | | | $ | 193,389,000 | | | | | $ | 138,135,000 | | |
U.S. Bancorp Investments, Inc.
|
| | | $ | 92,090,000 | | | | | $ | 92,090,000 | | | | | $ | 128,926,000 | | | | | $ | 119,717,000 | | | | | $ | 202,598,000 | | | | | $ | 193,389,000 | | | | | $ | 138,135,000 | | |
Huntington Securities, Inc.
|
| | | $ | 54,550,000 | | | | | $ | 54,550,000 | | | | | $ | 76,370,000 | | | | | $ | 70,915,000 | | | | | $ | 120,010,000 | | | | | $ | 114,555,000 | | | | | $ | 81,825,000 | | |
J.P. Morgan Securities LLC
|
| | | $ | 54,550,000 | | | | | $ | 54,550,000 | | | | | $ | 76,370,000 | | | | | $ | 70,915,000 | | | | | $ | 120,010,000 | | | | | $ | 114,555,000 | | | | | $ | 81,825,000 | | |
MUFG Securities Americas Inc.
|
| | | $ | 54,550,000 | | | | | $ | 54,550,000 | | | | | $ | 76,370,000 | | | | | $ | 70,915,000 | | | | | $ | 120,010,000 | | | | | $ | 114,555,000 | | | | | $ | 81,825,000 | | |
PNC Capital Markets LLC
|
| | | $ | 54,550,000 | | | | | $ | 54,550,000 | | | | | $ | 76,370,000 | | | | | $ | 70,915,000 | | | | | $ | 120,010,000 | | | | | $ | 114,555,000 | | | | | $ | 81,825,000 | | |
RBC Capital Markets, LLC
|
| | | $ | 54,550,000 | | | | | $ | 54,550,000 | | | | | $ | 76,370,000 | | | | | $ | 70,915,000 | | | | | $ | 120,010,000 | | | | | $ | 114,555,000 | | | | | $ | 81,825,000 | | |
Fifth Third Securities, Inc.
|
| | | $ | 25,690,000 | | | | | $ | 25,690,000 | | | | | $ | 35,966,000 | | | | | $ | 33,397,000 | | | | | $ | 56,518,000 | | | | | $ | 53,949,000 | | | | | $ | 38,535,000 | | |
Academy Securities, Inc.
|
| | | $ | 9,880,000 | | | | | $ | 9,880,000 | | | | | $ | 13,832,000 | | | | | $ | 12,844,000 | | | | | $ | 21,736,000 | | | | | $ | 20,748,000 | | | | | $ | 14,820,000 | | |
Scotia Capital (USA) Inc.
|
| | | $ | 9,880,000 | | | | | $ | 9,880,000 | | | | | $ | 13,832,000 | | | | | $ | 12,844,000 | | | | | $ | 21,736,000 | | | | | $ | 20,748,000 | | | | | $ | 14,820,000 | | |
BNY Mellon Capital Markets, LLC
|
| | | $ | 5,530,000 | | | | | $ | 5,530,000 | | | | | $ | 7,742,000 | | | | | $ | 7,189,000 | | | | | $ | 12,166,000 | | | | | $ | 11,613,000 | | | | | $ | 8,295,000 | | |
Total
|
| | | $ | 1,000,000,000 | | | | | $ | 1,000,000,000 | | | | | $ | 1,400,000,000 | | | | | $ | 1,300,000,000 | | | | | $ | 2,200,000,000 | | | | | $ | 2,100,000,000 | | | | | $ | 1,500,000,000 | | |
Series of Notes
|
| |
%
|
| ||||
2026 notes
|
| | | | 0.150 | % | | |
2027 notes
|
| | | | 0.200 | % | | |
2029 notes
|
| | | | 0.350 | % | | |
2031 notes
|
| | | | 0.375 | % | | |
2034 notes
|
| | | | 0.400 | % | | |
2054 notes
|
| | | | 0.525 | % | | |
2064 notes
|
| | | | 0.525 | % | | |
Series of Notes
|
| |
%
|
| ||||
2026 notes
|
| | | | 0.100 | % | | |
2027 notes
|
| | | | 0.150 | % | | |
2029 notes
|
| | | | 0.250 | % | | |
2031 notes
|
| | | | 0.250 | % | | |
2034 notes
|
| | | | 0.250 | % | | |
2054 notes
|
| | | | 0.350 | % | | |
2064 notes
|
| | | | 0.350 | % | | |
| | |
Per 2026
Note |
| |
Per 2027
Note |
| |
Per 2029
Note |
| |
Per 2031
Note |
| |
Per 2034
Note |
| |
Per 2054
Note |
| |
Per 2064
Note |
| |
Total
|
| ||||||||||||||||||||||||
Underwriting discounts
|
| | | | 0.250% | | | | | | 0.350% | | | | | | 0.600% | | | | | | 0.625% | | | | | | 0.650% | | | | | | 0.875% | | | | | | 0.875% | | | | | $ | 68,325,000 | | |
| | |
Page
|
| |||
About This Prospectus
|
| | | | 1 | | |
The Company
|
| | | | 1 | | |
Risk Factors
|
| | | | 1 | | |
Forward Looking Statements
|
| | | | 1 | | |
Where You Can Find More Information
|
| | | | 2 | | |
Use of Proceeds
|
| | | | 2 | | |
Conflicts of Interest
|
| | | | 3 | | |
Plan of Distribution
|
| | | | 3 | | |
Description of Debt Securities
|
| | | | 3 | | |
Description of Capital Stock
|
| | | | 7 | | |
Description of Depositary Shares
|
| | | | 9 | | |
Description of Warrants
|
| | | | 11 | | |
Experts
|
| | | | 12 | | |
Legal Matters
|
| | | | 12 | | |