American Stores Company, founded in 1985 and headquartered in Salt Lake City, Utah, operates as a leading retail grocer and pharmacy chain. The company specializes in providing a wide range of products, including groceries, personal care items, and over-the-counter medications, across its various store formats.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NEWALB 7.50% 2037-05-01 USDAmerican Stores Company | United States | 2037-05-01 | 7.500 | 6.12 |
| NEWALB 8.00% 2026-06-01 USDAmerican Stores Company | United States | 2026-06-01 | 8.000 | 4.45 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
American Stores Company initiated its bond issuance strategy in the late 1990s to support expansion and operational initiatives. A notable issuance was in 1998, which raised significant capital, bolstering its market position. The company currently offers bonds with yields above the industry average, reflecting its stable financial performance. Recent news indicates a reassessment of their bond portfolio, focusing on enhancing liquidity options amidst changing market conditions.