On October 21, 2025, Albertsons Companies, Inc. (NYSE: ACI) announced its intention to issue $1.25 billion in new senior notes. The offering will comprise $1.25 billion in aggregate principal amount of senior notes due 2031 and 2034, with the company and its subsidiaries Safeway Inc., New Albertsons L.P., Albertsons LLC and Albertsons Safeway LLC acting as co‑issuers.
ACI plans to use the net proceeds, together with cash on hand, to redeem in full the $750 million outstanding of its 3.25% senior notes due 2026, which are scheduled to mature on March 15, 2026. The company will also repay a portion of the borrowings under its asset‑based revolving credit agreement and cover fees and expenses related to the refinancing and the new issuance.
The senior notes offering is part of ACI’s broader strategy to strengthen its balance sheet and reduce debt maturity risk. By refinancing the 2026 notes and reducing reliance on revolving credit, the company aims to improve liquidity and potentially lower its cost of capital.
The announcement provides a larger debt maturity window and supports ongoing capital expenditures and operational initiatives, reinforcing ACI’s financial flexibility.
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