Kroger Plans $1 Billion Bond Offering

Kroger Co. has filed plans with the Securities and Exchange Commission to issue $1 billion in bonds.

The move comes just more than a week after Cincinnati-based Kroger agreed to acquire Matthews, N.C.-based Harris Teeter Supermarkets Inc. in a deal valued at $2.5 billion.

Kroger CFO Michael Schlotman said when Kroger announced the deal July 9 that it would issue debt in the public markets to pay for part of the deal. He said it would file with regulators in the next few weeks.

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