Rite Aid to redeem outstanding $90.81 million 6 1/8% notes due 2023

By Wendy Van Sickle

Columbus, Ohio, April 28 – Rite Aid Corp. issued a redemption notice for all $90,808,000 of its 6 1/8% senior notes due 2023 (Cusips: 767754CH5, U76659AW8), according to a news release.

The notes will be redeemed at par plus interest on May 28.

The company plans to fund the redemption using borrowings under its credit facility.

Rite Aid is a Camp Hill, Pa.-based drugstore chain.

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