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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Endo International PLC | NASDAQ:ENDP | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.2926 | 0.29 | 0.294 | 0 | 01:00:00 |
By Soma Biswas
A group of investors who hold Endo International PLC's unsecured notes continues to try to persuade the company to stay out of bankruptcy, saying a chapter 11 filing isn't warranted in light of the company's latest earnings report.
The bondholder group, advised by law firm White & Case LLP, argued the company beat its own earnings guidance for the second quarter ended in June.
The unsecured note holders' announcement comes a day after Endo disclosed that a bankruptcy filing is imminent and that it is in discussions with senior lenders about plan to file chapter 11.
Ireland-domiciled drug manufacturer Endo, missed interest payments on some of its bonds starting in June.
Write to Soma Biswas at soma.biswas@wsj.com
(END) Dow Jones Newswires
August 10, 2022 13:53 ET (17:53 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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