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Rite Aid (RAD) Files Voluntary Chapter 11

Rite Aid (RAD) Files Voluntary Chapter 11
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Rite Aid Files Chapter 11; Receives $3.45B Commitment for New Financing from Lenders - News

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 contemplated restructuring plan will significantly reduce the Company’s debt, increase its financial. ....

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