Rite Aid Corporation, along with its affiliates, filed an amended joint plan of reorganization with related disclosure statement in the US Bankruptcy Court on February 19, 2024. As per the amended plan filed, Senior Secured Notes Claims of $1170 million shall receive its pro rata share of 90% of the New Common Stock, and the Takeback Facility and in the event the of a sale transaction shall receive its pro rata share of the distributable proceeds, if any, pursuant to the Waterfall Recovery. There are no other changes in treatment of any claim class or sources of plan funding.
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5-day change | 1st Jan Change | ||
0.05 USD | -31.13% | -58.33% | -77.16% |
Apr. 11 | First Motion for Exclusivity Period Extension Approved For Rite Aid Corporation | CI |
Apr. 09 | Motion for Asset Sale Filed by Rite Aid Corporation | CI |
1st Jan change | Capi. | |
---|---|---|
-77.16% | 2.75M | |
-12.86% | 8.57B | |
+32.95% | 1.32B | |
+6.76% | 419M | |
+5.93% | 282M | |
+10.56% | 224M | |
-8.26% | 85.07M | |
+20.94% | 59.57M |
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