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Rite Aid Receives Court Approval of "First Day" Motions to Support Business Operations

Secures Interim Approval to Access Up to $3.45 Billion in Debtor-in-Possession Financing


Continues to Serve Customers and Deliver Healthcare Products and Services Across Retail and Online...

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Rite Aid Receives Court Approval of "First Day" Motions to Support Business Operations

Rite Aid Corporation ("Rite Aid" or the "Company") today announced that it has received approvals from the U.S. Bankruptcy Court for the District of New Jersey for its "First Day" motions related to the Company's voluntary Chapter 11 petitions filed...

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Rite Aid Files for Chapter 11, Gets $3.45 Billion in Fresh Cash

(Bloomberg) -- US pharmacy chain Rite Aid Corp. filed for bankruptcy as it looks to restructure debts, and said it will shutter more stores.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsGlobal Markets Stable as US Pushes to Contain Middle East WarYour Guide to Understanding the Roots of the Israel-Hamas WarAs part of a

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Rite Aid files for Chapter 11, gets $3.45 billion in fresh cash

US News: US pharmacy chain Rite Aid has filed for bankruptcy and reached a deal with creditors to reduce its debt. The company has secured a $3.45 billion cash

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Rite Aid (RAD) files for bankruptcy, reaches agreement on restructuring with creditors

Rite Aid (RAD) files for bankruptcy, reaches agreement on restructuring with creditors
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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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