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United States Drugstore Rite Aid Files for Chapter 11 Bankruptcy Protection in New York & to Close More than 150 Stores, Lenders Agree to Extend $3.45 Billion in Funding to Provide Liquidity with Restructuring Plan

21st October 2023 | Hong Kong

United States drugstore Rite Aid has filed for chapter 11 bankruptcy protection in New York and to close more than 150 stores, with lenders agreeing to extend $3.45 billion in funding to provide liquidity with restructuring plan.  

“ United States Drugstore Rite Aid Files for Chapter 11 Bankruptcy Protection in New York & to Close More than 150 Stores, Lenders Agree to Extend $3.45 Billion in Funding to Provide Liquidity with Restructuring Plan “




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