FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray LOGIN ABLAdvisor Blue
 
Skip Navigation LinksHome / News / Read News

Print

Rite Aid Prepares Chapter 11 Bankruptcy to Restructure Debts, Bloomberg Report

August 28, 2023, 08:02 AM
Filed Under: Bankruptcy

Bloomberg reported that Rite Aid Corp. is preparing a Chapter 11 bankruptcy filing to restructure debts including opioid liabilities, according to people familiar wiht the matter.

According to the Bloomberg report, advisers to the pharmacy chain have entered confidential discussions to develop a plan ahead of the filing.

Read the full Bloomberg report here (subscription required).







Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.

Sector/Economic Data
U.S. Census Bureau – U.S. Department of Commerce
March 2022 Construction Spending Report
U.S. Census Bureau – U.S. Department of Commerce
Full Report on Manufacturers' Shipments, Inventories and Orders - March 2022
view all sector/economic data
Featured Articles
Monroe Capital Launches the Drive Forward Fund for the U.S. Automotive Industry
ABL Advisor speaks with Monroe Capital’s Alex Parmacek about the...
by ABL Advisor Staff Writer
Expert Perspectives: Rosenthal & Rosenthal on the Asset-Based Lending and Factoring Markets
Paul Schuldiner, Leigh Lones, and Andrew Barone of Rosenthal &...
by
Most Popular | All Articles
Sponsored Content
CFG Merchant Solutions Underwriter Academy
CFGMS is proud to announce our new program: Underwriter Academy! Fast-track into a position with one of our producing underwriting teams.
sponsored by:
LEARN MORE