Albertsons Companies, Inc. plans to offer $1.250 billion of new senior notes due 2031 and 2034. The proceeds will be used to redeem $750 million of its 3.250 percent senior notes due 2026 and repay borrowings under its credit agreement. The notes offering will include Safeway Inc., New Albertsons L.P., Albertson’s LLC, and Albertsons Safeway LLC. In pre-market trading, ACI is up 0.62 percent at $19.78 on the NYSE.

Read more at Nasdaq: Albertsons Companies Announces Senior Notes Offering Of $1.25 Bln