11:35 AM EDT, 10/21/2024 (MT Newswires) -- Kroger ( KR ) said Monday it extended the expiration date of offers to exchange any and all notes of Albertsons ( ACI ) , New Albertsons, Safeway, Albertson's, Albertsons Safeway and American Stores for up to $7.44 billion.

The offers were extended to Oct. 28 from Oct. 22, Kroger ( KR ) said, adding it will issue new notes or pay cash in the exchange offers as applicable.

Kroger ( KR ) also said it extended the expiration date for the related consent solicitations to adopt some amendments to the indentures governing the Albertsons ( ACI ) notes, solely related to the unconsented series.

The closing of the merger between Kroger ( KR ) and Albertsons ( ACI ) isn't conditioned on the completion of the exchange offers or consent solicitations, Kroger ( KR ) said.

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