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LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS
6 Months Ended
Sep. 11, 2021
Debt Disclosure [Abstract]  
LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS
The Company's long-term debt and finance lease obligations as of September 11, 2021 and February 27, 2021, net of unamortized debt discounts of $43.0 million and $44.8 million, respectively, and deferred financing costs of $63.6 million and $69.8 million, respectively, consisted of the following (in millions):
September 11,
2021
February 27,
2021
Senior Unsecured Notes due 2023 to 2030, interest rate range of 3.25% to 7.50%
$6,686.5 $6,680.5 
Safeway Inc. Notes due 2021 to 2031, interest rate range of 4.75% to 7.45%
504.4 504.3 
New Albertsons L.P. Notes due 2026 to 2031, interest rate range of 6.52% to 8.70%
470.9 469.1 
Other financing obligations29.2 29.4 
Mortgage notes payable, secured17.4 17.6 
Finance lease obligations 632.2 612.7 
Total debt8,340.6 8,313.6 
Less current maturities(211.5)(212.4)
Long-term portion$8,129.1 $8,101.2 

Senior Unsecured Notes

On October 1, 2021, subsequent to the end of the 12 weeks ended September 11, 2021, the Company provided notice to the holders and trustee, of its election to redeem all of the $200.0 million aggregate principal amount currently outstanding of the Company's 5.750% Senior Unsecured Notes due 2025 (the "2025 Notes"). The 2025 Notes will be redeemed on November 1, 2021 (the "Redemption Date"), using cash on hand, at a redemption price of 101.438% of the principal amount thereof plus accrued and unpaid interest on the 2025 Notes to, but excluding, the Redemption Date.
ABL Facility

As of September 11, 2021 and February 27, 2021, there were no amounts outstanding under the Company's asset-based loan facility ("ABL Facility"), and letters of credit ("LOC") issued under the LOC sub-facility were $323.8 million and $354.6 million, respectively.