Albertsons (ACI) said late Wednesday it priced a $600 million private debt offering.
The debt will be raised via 6.250% senior notes due 2033.
The offering is expected to close by March 11, the company said.
Funds raised will be used to redeem the company's outstanding $600 million 7.500% senior notes due March 15, 2026.
Shares of Albertsons were down 2.6% in after-hours trading.
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