SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) May 16, 2001
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RITE AID CORPORATION
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(Exact Name of Registrant as Specified in Charter)
Delaware 1-5742 23-1614034
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
30 Hunter Lane, Camp Hill, Pennsylvania 17011
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (717) 761-2633
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None
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(Former Name or Former Address, if Changed Since Last Report)
Item 5. Other Events.
On May 16, 2001 Rite Aid Corporation ("Rite Aid") issued a press
release announcing the details of a $3.0 billion refinancing package that
includes a commitment for a new $1.9 billion senior secured credit facility
fully underwritten by Citibank NA, J.P. Morgan Chase & Co., Credit Suisse
First Boston Corporation and Fleet Retail Finance, Inc. The closing of the
new credit facility is subject to the satisfaction of certain closing
conditions and the issuance by Rite Aid of approximately $1.05 billion in
new debt or equity securities. The press release is attached as Exhibit
99.1 hereto and is incorporated herein by reference.
Item 7. Financial Statements, Pro Forma Financial Information and
Exhibits.
(c) Exhibits.
99.1 Press Release, dated May 16, 2001
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
RITE AID CORPORATION
Dated: May 17, 2001 By: /s/ Elliot S. Gerson
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Name: Elliot S. Gerson
Title: Senior Executive Vice President
and General Counsel
EXHIBIT INDEX
Exhibit No. Description
99.1 Press Release, dated May 16, 2001