Rite Aid Corp., founded in 1962 and headquartered in Camp Hill, Pennsylvania, is a leading retailer in the pharmacy sector, focused on providing health and wellness solutions to communities across the United States. Offering a wide array of products, Rite Aid operates pharmacies that provide prescription medications, over-the-counter drugs, and various health and personal care goods.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| RAD 6.88% 2028-12-15 USDRite Aid Corp. | United States | 2028-12-15 | 6.875 | — |
| RAD 6.88% 2028-12-15 USDRite Aid Corp. | United States | 2028-12-15 | 6.875 | — |
| RAD 7.50% 2025-07-01 USDRite Aid Corp. | United States | 2025-07-01 | 7.500 | — |
| RAD 7.50% 2025-07-01 USDRite Aid Corp. | United States | 2025-07-01 | 7.500 | — |
| RAD 7.70% 2027-02-15 USDRite Aid Corp. | United States | 2027-02-15 | 7.700 | 0.00 |
| RAD 8.00% 2026-11-15 USDRite Aid Corp. | United States | 2026-11-15 | 8.000 | — |
| RAD 8.00% 2026-11-15 USDRite Aid Corp. | United States | 2026-11-15 | 8.000 | — |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Rite Aid began issuing bonds to finance its growth and operational needs in the 1990s, with significant issuances noted throughout its expansion periods. In recent years, the company has faced challenges, impacting bond yields which currently hover above industry averages, reflecting market conditions. Notably, Rite Aid's bonds have features such as callable provisions, allowing the company flexibility in financial management. Recent news indicates that Rite Aid is actively engaging with investors to restructure its debt, aiming to strengthen its balance sheet amid competitive pressures.