(Bloomberg) — Kroger Co. is tapping the U.S. investment-grade market on Tuesday to finance its acquisition of grocer Albertsons Co. in what could be one of the biggest corporate bond deals of the year. The supermarket chain plans to sell the debt in up to seven parts, according to a person familiar with the matter. […]
(Bloomberg) — Kroger Co. is seeking to raise about $10 billion by selling corporate bonds. The sale could begin as early as Tuesday and is intended to help finance its planned acquisition of grocer Albertsons Cos., people familiar with the matter said. Kroger plans to sell bonds in at least seven installments maturing between 2026 […]
(Bloomberg) — A crisis in China’s steel industry is causing iron ore prices to fall. At the same time, soy stocks in the Asian country have reached a record high. In the United States, a hot summer is increasing demand for natural gas. Here are five key charts from the global commodity markets to keep […]
(Bloomberg) — Strong results from the largest retailer and a robust monthly sales report have gone a long way to easing concerns about the health of American consumers. But a number of Wall Street analysts want more evidence and are raising the stakes for next week’s earnings reports from Target Corp., Macy’s Inc. and TJ […]
