Safeway Inc., founded in 1915 and headquartered in Pleasanton, California, operates as a prominent grocery retailer in the United States. The company focuses on providing a wide range of products, including fresh produce, meat, bakery items, and general grocery goods, catering to the diverse needs of consumers across its numerous locations.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SWY 7.25% 2031-02-01 USDSafeway Inc. | United States | 2031-02-01 | 7.250 | 5.56 |
| SWY 7.45% 2027-09-15 USDSafeway Inc. | United States | 2027-09-15 | 7.450 | 5.24 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Safeway Inc. first began issuing bonds in 1990 to fund operational expansions and acquisitions, notably acquiring significant debt during its 2014 merger with Albertsons. Recent bond offerings have gained attention for their attractive yields, currently hovering around 3.5%, which are competitive within the grocery retail sector. The company's bonds are often characterized by their relatively short maturities and call options, providing flexibility in refinancing. In 2022, Safeway announced plans to enhance its sustainability initiatives, which may influence future bond strategies aimed at green financing.