Rite aid announces cash tender offer and consent solicitation for up to $200,000,000 aggregate purchase price of 7.500% senior secured notes due 2025

Philadelphia--(business wire)--rite aid corporation (nyse: rad) (“we,” “us,” “our” or the “company”) today announced that it has commenced a tender offer (the “tender offer”) to purchase for cash up to $200 million aggregate purchase price (not including any accrued and unpaid interest, and as such amount may be increased or decreased by the company, the “aggregate maximum purchase price”) of the company's outstanding 7.500% senior secured notes due 2025 (the “notes”).
RAD Ratings Summary
RAD Quant Ranking