Ahold Delhaize successfully prices a dual-tranche transaction
Zaandam, the Netherlands, November 5, 2026 – Ahold Delhaize today announces that it has successfully priced a €1.1 billion dual-tranche EUR transaction. The maturities include a €600 million 3-year and a €500 million 9-year Fixed Rate Note.
The net proceeds from both tranches will be applied for general corporate purposes, including the financing of the intended acquisition of the Czech and Slovak businesses from Tesco, announced on October 30, 2026.
Pricing of dual-tranche issuance
The 3-year tranche is priced at MS+50 bps and carries an annual coupon of 3.750 per cent, and the 9-year tranche is priced at MS+103 bps and carries an annual coupon of 4.250 per cent. The notes will settle on November 12, 2026 and shall be listed on Euronext Dublin. BofA Securities acted as Global Coordinator, and BNP PARIBAS, BofA Securities, Deutsche Bank, ING, J.P. Morgan, Rabobank, SMBC, Société Générale and Wells Fargo Securities, as Joint Lead Managers.
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This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction. The offer of bonds referred to in this press release was limited in the EEA and the United Kingdom to qualified investors only. The bonds have not been and will not be registered under the US Securities Act of 1933, as amended (the “US Securities Act”) and will also not be registered with any authority competent with respect to securities in any state or other jurisdiction of the United States of America. The bonds may not be offered or sold in the United States of America without either registration of the securities or an exemption from registration under the US Securities Act being applicable. The bonds are being offered and sold only in offshore transactions in reliance on Regulation S under the US Securities Act. No public offering of the bonds is being made in the United States.
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Forward-looking statements, including statements about the offering, its expected settlement and the intended use of proceeds from the offering, are subject to risks, uncertainties and other factors that are difficult to predict and that may cause actual results of Koninklijke Ahold Delhaize N.V. (the “Company”) to differ materially from future results expressed or implied by such forward-looking statements. Therefore, you should not place undue reliance on any of these forward-looking statements. Factors that might cause or contribute to such a material difference include, but are not limited to, the factors affecting the Company's business set forth in the Company’s public filings and other disclosures. Forward-looking statements reflect the current views of the Company’s management and assumptions based on information currently available to the Company’s management. Forward-looking statements speak only as of the date they are made and the Company does not assume any obligation to update such statements, except as required by law.