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Kroger raising more than $1B in debt

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Kroger Co. intends to raise $1.2 billion in debt later this month, according to a U.S. Securities and Exchange Commission filing.

The grocery store operator plans to use the new debt round to refinance existing long-term debt.

At the end of the third quarter, Kroger had $11.6 billion in long-term debt.

Read more from the Cincinnati Business Courier.

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