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Quotes & Info
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| RAD > SEC Filings for RAD > Form 8-K on 1-Mar-2013 | All Recent SEC Filings |
1-Mar-2013
Other Events
Rite Aid Corporation's (the "Company") previously announced cash tender offers
for any and all of its outstanding 9.750% Senior Secured Notes due 2016 (the
"9.750% Notes"), 10.375% Senior Secured Notes due 2016 (the "10.375% Notes") and
6.875% Senior Debentures due 2013 (the "6.875% Debentures" and together with the
9.750% Notes and the 10.375% Notes, the "Notes") expired at midnight, Eastern
Time, on February 28, 2013 (the "Expiration Date"). As of the Expiration Date,
approximately (i) $257.3 million aggregate principal amount of the 9.750% Notes
had been validly tendered and not validly withdrawn (representing approximately
62.8% of the outstanding 9.750% Notes), (ii) $402.0 million aggregate principal
amount of the 10.375% Notes had been validly tendered and not validly withdrawn
(representing approximately 85.5% of the outstanding 10.375% Notes) and
(iii) $119.1 million aggregate principal amount of the 6.875% Debentures had
been validly tendered and not validly withdrawn (representing approximately
66.1% of the outstanding 6.875% Debentures). All of the 10.375% Notes that were
validly tendered on or prior to the consent payment deadline, which was
midnight, Eastern Time, on February 13, 2013 (the "Consent Payment Deadline"),
were accepted for purchase on February 21, 2013. An additional $180,000
aggregate principal amount of the 9.750% Notes and an additional $163,000
aggregate principal amount of the 6.875% Debentures had been validly tendered
after the Consent Payment Deadline but on or prior to the Expiration Date and
were accepted for purchase on March 1, 2013. The remaining 9.750% Notes and
6.875% Debentures that had been validly tendered at or prior to the Consent
Payment Deadline were accepted for purchase on February 21, 2013.
The 9.750% Notes and 10.375% Notes that remain outstanding following the tender offers have been called for redemption on March 25, 2013. All of the remaining Notes of each series have been satisfied and discharged by the Company.
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