Rite aid announces successful amendment and extension to credit agreement

Camp hill, pa.--(business wire)--rite aid corporation (nyse: rad) announced today that it has 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 “first-in, last out” senior secured term loan facility. the new facilities extend the company's debt maturity profile and provides improved pricing on the “first-in, last out” senior secured term
RAD Ratings Summary
RAD Quant Ranking