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Mallinckrodt to Issue $650m of First Lien Senior Secured Notes

May 20, 2022, 9:24 PM

Mallinckrodt agreed on Friday to principal, non-binding terms with certain purchasers to issue $650 million in new first lien senior secured notes.

  • NOTE: May 17, Mallinckrodt Loan for Bankruptcy Exit Stumbles Amid Market Rout

NOTE

  • Mallinckrodt Plc fell 20.8% to 8c as of last close

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To contact the reporter on this story:
Jim Silver in New York at jsilver@bloomberg.net

To contact the editor responsible for this story:
Sunil Kesur at skesur@bloomberg.net

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