Rite Aid Corp., Camp Hill, Pa., has made a cash tender offer for $459 million in outstanding senior notes.
The drugstore chain said the offer includes the aggregate principal amount of 8.625% senior notes, due in 2015. The offer of $996.25 per $1,000.00 in principal is scheduled to expire in roughly one month,
Rite Aid said in a news release.
The company said it is expected to call for redemption of any notes not tendered.
