Brief: Rite Aid Completes Restructuring Process And Emerges From Chapter 11

Rite Aid

03/09/2024 17:05

Sept 3 (Reuters) - Rite Aid Corp  RADCQ.PK :
    * RITE AID COMPLETES RESTRUCTURING PROCESS AND EMERGES FROM
CHAPTER 11
    * RITE AID CORP - EMERGES FROM CHAPTER 11
    * RITE AID CORP - ELIMINATES APPROXIMATELY $2.0 BILLION OF
DEBT
    * RITE AID CORP - RECEIVES APPROXIMATELY $2.5 BILLION IN
EXIT
FINANCING
    * RITE AID CORP - TO OPERATE AS A PRIVATE COMPANY
    * RITE AID CORP - JEFFREY S. STEIN TO LEAVE RITE AID
    * RITE AID CORP - MATT SCHROEDER APPOINTED CEO OF RITE AID
    * RITE AID CORP -  RITE AID WILL OPERATE AS A PRIVATE
COMPANY.

Source text for Eikon:  ID:nBw4Y2bB4a 
Further company coverage:  RADCQ.PK 

 ((Reuters.Briefs@thomsonreuters.com;))