A&G Real Estate Partners, in its capacity as real estate advisor to Rite Aid Corporation announced plans to market for sale a second tranche of neighborhood pharmacy leases, pending approval by the U.S. Bankruptcy Court for the District of New Jersey...
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November 07, 2023, 07:00 AM
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A&G Real Estate Partners, in its capacity as real estate advisor to Rite Aid Corporation (the “Company”), announced plans to market for sale 78 Rite Aid and Bartell Drugs neighborhood pharmacy leases, as well as 21 fee-owned properties, pending...
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October 18, 2023, 07:45 AM
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Rite Aid Corporation has reached an agreement in principle with certain of its senior secured noteholders on the terms of a financial restructuring plan that will allow the Company to accelerate its ongoing business transformation. Implementing the...
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October 16, 2023, 08:05 AM
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The Wall Street Journal reported Rite Aid is negotiating with creditors over the terms of a bankruptcy plan that would include liquidating a substantial number of its more than 2,100 drugstores, citing people familiar with the talks.According to the...
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September 25, 2023, 08:00 AM
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Bloomberg reported that Rite Aid Corp. is preparing a Chapter 11 bankruptcy filing to restructure debts including opioid liabilities, according to people familiar wiht the matter. According to the Bloomberg report, advisers to the pharmacy chain have...
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August 28, 2023, 08:02 AM
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Rite Aid Corporation (NYSE: RAD) entered into an amendment to its senior secured credit agreement, which, after giving effect to the amendment, consists of a $2.8 billion senior secured asset-based revolving credit facility and a $350 million...
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August 24, 2021, 08:00 AM
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Rite Aid Corporation announced that it has entered into a new senior secured credit agreement, consisting of a $2.7 billion senior secured asset-based revolving credit facility and a $450 million “first-in, last out” senior secured term loan facility...
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December 21, 2018, 09:03 AM
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Albertsons Companies, Inc. entered into a second amended and restated debt commitment letter with nearly two dozen lenders to put together nearly $5 billion to support its merger with Rite Aid.According to an 8K filing, Bank of America, N.A., Merrill...
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May 11, 2018, 08:01 AM
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Rite Aid Corporation announced the completion of an amendment and extension of its existing senior secured credit facility, including an increased borrowing capacity of up to $3.0 billion, or up to $3.7 billion when the company repays its 8.00%...
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January 14, 2015, 07:53 AM
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Rite Aid Corporation announced the completion of a portion of its previously announced debt refinancing transactions that extends the maturity on a portion of Rite Aid’s outstanding indebtedness and lowers interest expense. The completed refinancing...
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June 24, 2013, 07:53 AM
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Rite Aid Corporation announced the completion of its previously announced debt refinancing transactions that extend the maturity of a portion of its outstanding indebtedness and lower interest expense. The refinancing transactions included:
The...
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February 22, 2013, 08:03 AM
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Rite Aid Corporation provided an update on its previously announced debt refinancing transactions that would extend the maturity of a portion of its outstanding indebtedness and lower interest expense. The refinancing transactions are now expected to...
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February 08, 2013, 07:27 AM
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Fitch Ratings has assigned a rating of 'BB-/RR1' to Rite Aid Corporation's (Rite Aid) proposed new $1.725 billion secured revolving credit facility due 2018, $900 million senior secured term loan B due 2020, and $470 senior secured second lien term...
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February 06, 2013, 08:07 AM
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