This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Rite Aid Commences Debt Refinancing Transactions

Stocks in this article: RAD

The Tender Offers will expire at midnight, Eastern Time, on Feb. 28, 2013, unless extended or earlier terminated. Rite Aid may extend or terminate one or more of the Tender Offers without impacting the other Tender Offers. Under the terms of the Tender Offers, holders of the Notes who validly tender and do not withdraw their Notes prior to midnight, Eastern Time, on Feb. 13, 2013 (as such time and date may be extended) and whose Notes are accepted for purchase, will receive the applicable “Total Consideration,” which is equal to the applicable “Tender Offer Consideration” plus a consent payment of $30.00 per $1,000 principal amount of tendered Notes. Holders of Notes who validly tender their Notes after the Consent Payment Date but on or before the Expiration Date, and whose Notes are accepted for purchase, will receive only the applicable Tender Offer Consideration.

 

9.750% Senior Secured Notes due 2016

 
Title of Security     CUSIP Number    

Principal Amount

Outstanding

   

Tender Offer

Consideration (1)

   

Consent

Payment (1)

    Total Consideration (1)(2)
9.750% Senior Secured Notes due 2016 767754BX1 $410,000,000 $1,045.00 $30.00 $1,075.00
 
 

10.375% Senior Secured Notes due 2016

 
Title of Security CUSIP Number

Principal Amount

Outstanding

Tender Offer

Consideration (1)

Consent

Payment (1)

Total Consideration (1)(2)
10.375% Senior Secured Notes due 2016 767754BV5 $470,000,000 $1,028.50 $30.00 $1,058.50
 
 

6.875% Senior Debentures due 2013

 
Title of Security CUSIP Number

Principal Amount

Outstanding

Tender Offer

Consideration (1)

Consent

Payment (1)

Total Consideration (1)(2)
6.875% Senior Debentures due 2013 767754AD6 $180,277,000 $998.75 $30.00 $1,028.75

_________________

(1) Per $1,000.00 principal amount of the applicable series of notes validly tendered and accepted for purchase.

2 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,379.98 -298.72 -1.69%
S&P 500 2,032.89 -24.20 -1.18%
NASDAQ 4,698.7220 -73.0410 -1.53%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs