Rite Aid Bonds 2024. But even with a rescue deal in hand, the ailing pharmacy chain is poised to to be significantly smaller. Bondholders have agreed to provide $57 million to the retailer as part of a broader restructuring that would see bondholders take over the pharmacy chain,.

Rite aid’s ‘c’ rating reflects the proposed tender for its 2025 bonds. Rite aid’s restructuring will provide $47.5 million to junior creditors, including individuals and local governments that have sued the company allegedly contributing to the.