Sixth Street, JPMorgan, Hudson Bay Among Rite Aid Noteholders

JPMorgan Investment Management, Sixth Street Partners and Hudson Bay Capital Management are among the biggest holders of Rite Aid’s secured notes, according to a disclosure filed in bankruptcy court Monday.

• The firms are part of a group of 13 asset managers and hedge funds that together held close to $1 billion of secured notes issued by Rite Aid as of Oct. 23
  • JPMorgan’s holdings are “solely as an investment advisor and/or trustee” on behalf of accounts or funds it manages, court papers show
  • A tentative restructuring deal between the group and Rite Aid calls for the noteholders to credit ...