USA: Kroger securces US$1.95bn bank credit facilities
Cincinnati-based grocery giant Kroger has executed new revolving credit facilities totalling US$1.95bn. The facilities consist of: a 364-day credit agreement in the amount of US$1.25bn, which replaces a similarly dated facility in the amount of US$812.5m that was due to expire this month; and a five-year credit facility for US$700m that replaces a US$1.875bn facility acquired by Kroger during its merger with Fred Meyer in 1999.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Interview: Sir Kensington's on sale to Unilever
- Analysis: Post discusses rationale for Weetabix
- Who will buy Danone's Stonyfield business?
- Interview: "Disruptive" snack brand Hippeas
- Column: Why snacking is the new meal
- Unilever buys US condiments maker Sir Kensington's
- Ice cream helps Unilever sales, food flat
- Nestle organic growth slows but beats expectations
- Suntory to offload Australia, New Zealand foods
- Dairy dampens Danone in Q1