Analysts say Rite Aid Corp. may be close to an agreement with lenders for restructuring a $1.3 billion credit line that backs up its commercial paper program.

The agreement, ironed out in talks last Friday, would roll over an undisclosed amount of commercial paper into the credit line, said Jon Kyle Cartwright, an analyst with Raymond James & Associates. Under its current terms, the one-year credit line would expire in October.

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