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Published on 11/16/2023 in the Prospect News Bank Loan Daily, Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

Fitch withdraws Rite Aid ratings

Fitch Ratings said it withdrew its D long-term issuer default rating for Rite Aid Corp. as well as its pre-petition debt, including its ABL, FILO term loan, secured and unsecured notes.

“Given Rite Aid's Chapter 11 filing on Oct. 16, 2023, Fitch will no longer provide ratings or analytical coverage for the company,” the agency said in a statement.


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