Cahill Represents Initial Purchasers in Multi- Billion Dollar Notes Offerings for Albertsons Companies, Inc., Safeway Inc., New Albertsons L.P., and Albertson's LLC
February 5, 2020
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.