New York, March 10, 2015 -- Moody's Investor Service today confirmed Rite Aid Corporation's Corporate Family Rating at B2 and Probability of Default Rating at B2-PD. At the same time, Moody's upgraded Rite Aid's asset based revolving credit facility to Ba2, senior secured first lien notes to Ba2, and senior unsecured guaranteed notes to B3. The Speculative Grade Liquidity rating of SGL-2 is affirmed. The rating outlook is stable. This concludes the review for downgrade initiated on February 11, 2015.

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