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New Issue-Kroger Co sells $500 mln in 6-yr notes

Thu Sep 24, 2009 2:31pm EDT

Stocks

    

 Sept 24 (Reuters) - The Kroger Co (KR.N) sold $500 million
of notes on Thursday, said IFR, a Thomson Reuters service.
 Bank of America and JPMorgan were the joint bookrunning
managers for the sale.
BORROWER: KROGER CO
AMT $500 MLN      COUPON 3.90 PCT     MATURITY 10/1/2015 
TYPE NOTES        ISS PRICE 99.889    FIRST PAY 4/1/2010 
MOODY'S Baa2      YIELD 3.921 PCT     SETTLEMENT 10/1/2009
S&P BBB-MINUS     SPREAD 158 BPS      PAY FREQ SEMI-ANNUAL
FITCH BBB          MORE THAN TREAS    MAKE-WHOLE CALL 25 BPS


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