Rite Aid to draw down on credit facility to fund notes redemption

By Wendy Van Sickle

Columbus, Ohio, April 28 – Rite Aid Corp. plans to draw down on its credit facility to fund the redemption of its $90,808,000 of its 6 1/8% senior notes due 2023, according to a news release.

The notes will be redeemed at par on May 28,

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

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