|
The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Wells Fargo CF Leads Lenders in Rite Aid Facility Amendment
Wednesday, January 14, 2015
|
Lenders/Participants
|
Wells Fargo Capital Finance [Joint Lead Arranger, Joint Bookrunner]
CitiCorp [Administrative Agent, Joint Lead Arranger, Joint Bookrunner]
Merrill Lynch [Joint Lead Arranger, Joint Bookrunner]
GE Capital Markets Group [Joint Lead Arranger, Joint Bookrunner]
Goldman Sachs [Joint Lead Arranger, Joint Bookrunner]
Credit Suisse Securities [Joint Lead Arranger, Joint Bookrunner]
MUFG Union Bank, N.A [Joint Lead Arranger, Joint Bookrunner]
|
|
Structure
|
Senior Credit Facility Amendment, Extension
|
|
Amount
|
$3.000
Billion
|
|
Borrower(s)
|
Rite Aid Corporation
|
|
Description
|
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% Senior Secured Notes due 2020 in full (whether at maturity or pursuant to an early redemption) and an extension of the maturity to January 2020. The company used borrowings under the amended and extended senior secured credit facility to repay and retire all of the $1.147 billion outstanding under its Tranche 7 Senior Secured Term Loan due 2020, along with associated fees and expenses
|
|
Industry
|
Retail
|
| Related Tags |
Citi, Credit Suisse Securities, GE Capital Markets, Goldman Sachs, Merrill Lynch, MUFG Union Bank, Rite Aid Corp., Wells Fargo Capital Finance
|
ABL Advisor
Deal Tables
2025
|
|
|
|