Shearman And Sterling

News July 06, 2021

Kroger $2.75 Billion Amended & Restated Revolving Credit Facility

Shearman & Sterling advised Bank of America, N.A., as Administrative Agent, on an amendment and restatement of The Kroger Co.’s existing $2.75 billion revolving credit facility to finance general corporate purposes.

The Kroger Co. operates as a retailer in the United States. The company operates combination food and drug stores, multi-department stores, marketplace stores, and price impact warehouses. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; and multi-department stores provide apparel, home fashion and furnishings, outdoor living, electronics, automotive products, and toys.

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