Rite Aid Bonds 2024

Rite Aid Bonds 2024. Bankruptcy court to approve its restructuring plan on thursday, seeking to cut $2 billion in debt and turn over control of the company to a group of. Rite aid used its bankruptcy to close hundreds of stores, sell its pharmacy benefit company elixir, and negotiate settlements with its lenders, drug distribution partner mckesson and other.


Rite Aid Bonds 2024

Through this process, rite aid has eliminated approximately $2.0 billion of total debt. Is nearing a deal with key bondholders and other creditor groups that will allow the pharmacy chain to avoid a liquidation, according to people with knowledge of.

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