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News & Insights

Rite Aid’s High-Yield Senior Debt Offering

February 27, 2012

Cravath represented the initial purchasers, Citigroup, BofA Merrill Lynch, Wells Fargo Securities and Credit Suisse, in connection with the US$481 million 144A/Reg. S high-yield senior debt offering of Rite Aid Corporation, the third largest retail drugstore chain in the United States at the time of the offering. The transaction closed on February 27, 2012.

The Cravath team included partner Andrew J. Pitts on corporate matters and partner Michael L. Schler on tax matters.

Related Practices & Industries

  • Corporate
  • Tax
  • Retail

People

Photo
Name
Andrew J. Pitts
Title
Corporate
Title
Partner
Email
apitts@cravath.com
Phone
+1-212-474-1620
vCard
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    Education

    • M.B.A., 1995, Boston University
      with High Honors
    • J.D., 1994, Boston University School of Law
      summa cum laude
    • B.A., 1988, Trinity College

    Admitted In

    • New York
    Photo
    Name
    Michael L. Schler
    Title
    Tax
    Title
    Retired Partner
    Email
    mschler@cravath.com
    Phone
    +1-212-474-1999
    vCard
    Download vCard

      Education

      • LL.M., 1979, New York University
      • J.D., 1973, Yale Law School
      • B.A., 1970, Harvard University
        magna cum laude

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