New Albertson's Inc, founded in 2006 and headquartered in Boise, Idaho, operates as a significant player in the grocery retail sector, focusing on enhancing the shopping experience for customers across its stores. The company offers a wide array of products, including groceries, pharmacy services, and household essentials through its well-known supermarket chains.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NEWALB 6.63% 2028-06-01 USDNew Albertson`s Inc | United States | 2028-06-01 | 6.625 | 5.39 |
| NEWALB 7.45% 2029-08-01 USDNew Albertson`s Inc | United States | 2029-08-01 | 7.450 | 5.53 |
| NEWALB 7.75% 2026-06-15 USDNew Albertson`s Inc | United States | 2026-06-15 | 7.750 | 4.89 |
| NEWALB 8.00% 2031-05-01 USDNew Albertson`s Inc | United States | 2031-05-01 | 8.000 | 5.78 |
| NEWALB 8.70% 2030-05-01 USDNew Albertson`s Inc | United States | 2030-05-01 | 8.700 | 5.62 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
New Albertson's Inc first began issuing bonds in 2015, reflecting its strategic efforts to bolster liquidity and finance acquisitions. A notable issuance was in 2020, when the company successfully raised $500 million in senior notes, which were well received by the market and showcased a yield that was competitive within the retail sector. As of 2023, yields on New Albertson's bonds are maintaining an advantageous position compared to industry benchmarks, indicating strong investor confidence amidst evolving market dynamics. Furthermore, the bonds feature a call option after five years, adding flexibility for the company's financing strategies.