SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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) February 3, 2003
(February 3, 2003)
RITE AID CORPORATION
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(Exact name of registrant as specified in its 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 February 3, 2003, Rite Aid Corporation issued a press release
announcing that it plans to offer $200 million of senior secured notes due
2011. The company intends to use the net proceeds from the offering for
general corporate purposes, which may include capital expenditures and
repayments or repurchases of outstanding indebtedness. The company intends
to redeem its senior secured (shareholder) notes due 2006 in connection with
the offering.
The offering is subject to market and other customary conditions and
contingent upon the company obtaining consent to certain amendments to its
senior credit and synthetic lease facilities.
The notes will be offered in the United States to qualified
institutional buyers pursuant to Rule 144A under the Securities Act of 1933,
as amended, and outside the United States pursuant to Regulation S under the
Securities Act. The notes have not been registered under the Securities Act
and may not be offered or sold in the United States without registration or an
applicable exemption from the registration requirements. The press release is
attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits.
99.1 Registrant's Press Release, dated February 3, 2003.
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: February 3, 2003 By: /s/ Robert B. Sari
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Name: Robert B. Sari
Title: Senior Vice President,
General Counsel and Secretary
EXHIBIT INDEX
Exhibit No. Description
99.1 Registrant's Press Release dated February 3, 2003