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Albertsons Companies discloses fiscal 2015 financials ahead of estimated $1.6 billion IPO

May 11, 2016
ABS

Albertsons Companies, the third-largest US grocer operating under Albertsons, Safeway and other banners, reported financial results for the fiscal year ended February 27, 2016, in an amendment filed with the SEC on Wednesday. It set terms to raise $1.6 billion in October 2015 before postponing; its latest filing did not change its proposed terms or disclose a pricing date.

The Boise, ID-based company was founded in 1926 and plans to list on the NYSE under the symbol ABS. Goldman Sachs, BofA Merrill Lynch, Citi, Morgan Stanley, Deutsche Bank, Credit Suisse and Barclays are the joint bookrunners on the deal.