Rite-Aid launches offer to buy up to $700M of senior debt; shares up 1% after hours

|About: Rite Aid Corporation (RAD)|By:, SA News Editor

Rite Aid (NYSE:RAD) commences a tender offer to purchase up to $700M of its 6.75% Senior Notes due 2021 and 6.125% Senior Notes due 2023 with a portion of the proceeds from the Walgreens Boots Alliance transaction.

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