Bond KrogerCo 4.65% ( US501044DK40 ) in USD

Issuer	KrogerCo
Market price	83.822 % ▼
Country	United States
ISIN code	US501044DK40 ( in USD )
Interest rate	4.65% per year ( payment 2 times a year)
Maturity	15/01/2048
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Minimal amount	2 000 USD
Total amount	500 000 000 USD
Cusip	501044DK4
Standard & Poor's ( S&P ) rating	BBB ( Lower medium grade - Investment-grade )
Moody's rating	Baa1 ( Lower medium grade - Investment-grade )
Next Coupon	15/07/2026 ( In 156 days )
Detailed description	Kroger is America's largest supermarket chain, operating a diverse portfolio of retail formats including supermarkets, multi-department stores, and convenience stores under various banners. An analysis of the debt markets reveals a notable fixed-income instrument issued by The Kroger Co., one of the largest food retailers in the United States. Headquartered in Cincinnati, Ohio, Kroger operates a diverse portfolio of supermarkets and multi-department stores across the nation, making it a prominent entity in the consumer staples sector. This specific bond, identified by ISIN US501044DK40 and CUSIP 501044DK4, represents a significant offering with a total issue size of $500,000,000, denominated in US Dollars (USD) and issued from the United States. It carries a coupon interest rate of 4.65%, with payments distributed semi-annually, and is set to mature on January 15, 2048, indicating a long-term investment horizon. Investors can acquire this bond in minimum purchase increments of $2,000. As of recent market data, the bond is trading at 83.822% of its par value. Its creditworthiness is assessed by leading rating agencies, with Standard & Poor's assigning a 'BBB' rating and Moody's providing a 'Baa1' rating, both indicating investment-grade status. This fixed-income security offers investors an opportunity to gain exposure to a well-established retail giant through a long-dated, investment-grade bond.