Cahill Represents Initial Purchasers in Multi- Billion Dollar Notes Offerings for Albertsons Companies, Inc., Safeway Inc., New Albertsons L.P., and Albertson's LLC
Date: 02/05/20
Cahill represented the initial purchasers in connection with concurrent Rule 144A offerings of $750,000,000 aggregate principal amount of 3.50% senior notes due 2023, $1,000,000,000 aggregate principal amount of 4.875% senior notes due 2030, and $600,000,000 aggregate principal amount of 4.625% senior notes due 2027 by Albertsons Companies, Inc., Safeway Inc., New Albertsons L.P., and Albertson's LLC. Proceeds from the offerings were used to fund a term loan repayment.