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roadkilll

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roadkilll

Re: None

Thursday, 04/29/2021 7:27:18 PM

Thursday, April 29, 2021 7:27:18 PM

Post# of 11276
Rite Aid Corporation (NYSE: RAD) today announced that it has issued a notice of redemption (the "Redemption") for all $90,808,000 aggregate principal amount of its outstanding 6.125% Senior Notes Due 2023. Rite Aid is not a threat to BK. Time to take out the BK discount as creditors have now approved $90M to retire a bond long before due date.

$95 million to buyout Bartell drugs a few months ago. and did not issue any debt.

Something is up and I expect is is good news coming soon.
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