Kroger is issuing $1.5 billion in notes to refinance debt due in October 2026 and for general company needs. The notes add interest payments, but the filing gives no old rates to show whether borrowing costs will change.
Replacing debt coming due can help Kroger avoid repaying it all at once. The new notes also require interest payments at 5.8% and 6.2%. The filing gives no rates for the old debt, so it does not show whether borrowing costs will rise or fall.
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