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APS Financial Corporation Initiates Coverage of Rite Aid Corporation High Yield Notes.


Business Editors

AUSTIN, Texas--(BUSINESS WIRE)--Jan. 8, 2003

APS Financial Corporation has initiated coverage of the high yield Notes of Rite Aid Rite Aid (NYSE: RAD) is a United States retailer and pharmacy chain, operating over 5,000 stores in 31 states and the District of Columbia. Rite Aid Corporation is one of the nation's leading drugstore chains.  Corporation (NYSE NYSE

See: New York Stock Exchange
:RAD (1) (Rapid Application Development) Developing systems incrementally and delivering working pieces every three to four months, rather than waiting until the entire project is programmed before implementing it. ).

Rite Aid is being covered by Vice President & Senior Credit Analyst Andy Leinoff. For more information and a copy of the comprehensive research report, please contact high yield associate analyst Sorush S. Abboud at sabboud@amph.com or toll free at 800/248-0620.

APS Financial Corporation (APSF APSF Anesthesia Patient Safety Foundation
APSF Aerial Port Support Flight
APSF Anterior/Posterior Spinal Fusion
), a subsidiary of American Physicians Service Group (Nasdaq:AMPH) specializes in insurance company fixed income asset management, institutional and retail securities sales, and investment analysis. Established in 1981, APSF provides both institutions and high net worth individual investors with value-added, personalized per·son·al·ize  
tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es
1. To take (a general remark or characterization) in a personal manner.

2. To attribute human or personal qualities to; personify.
 investment advice and account services. Our staff includes experienced analysts, traders, and portfolio managers who are knowledgeable in all areas of the fixed income market. In addition to offering insurance asset management and reporting services, APSF is also extensively involved in the trading and analysis of high yield corporate bonds. We conduct our own proprietary research and have developed a large client base of high net worth individuals and institutional buyers.
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Publication:Business Wire
Geographic Code:1USA
Date:Jan 8, 2003
Words:185
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