Rite Aid (RAD) Files Voluntary Chapter 11
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Rite Aid Takes Steps to Accelerate Transformation and Position Company for Long-Term Success
October 15, 2023 10:37 PM EDTReaches Agreement in Principle with Key Creditors on the Terms of Financial Restructuring Plan
Initiates Voluntary Chapter 11 Process to Implement a Consensual Financial Restructuring That Will Significantly Reduce Debt and Enable Execution of Key Initiatives
Receives Commitment for $3.45 Billion in New Financing to Support Business Operations
Continuing to Serve Customers and Deliver Healthcare Products and Services Across Retail and Online Platforms
PHILADELPHIA--(BUSINESS WIRE)-- Rite Aid Corporation (NYSE: RAD) (Rite Aid or the... More
