KROGER BOND CONVERSION TO AID LIQUIDITY

CINCINNATI -- Kroger Co. here said it has completed the conversion of about $200 million worth of bonds to common stock -- a move that improves the company's liquidity and positions it for investments by a wider range of institutions.According to the company, all of its 6.375% convertible junior subordinated notes due in 1999, which were issued in December 1992, have been converted into about 10.7

CINCINNATI -- Kroger Co. here said it has completed the conversion of about $200 million worth of bonds to common stock -- a move that improves the company's liquidity and positions it for investments by a wider range of institutions.

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