• 11/26/2024

Mallinckrodt Misses Bond Interest Payments as Financial Woes Worsen

Wall Street Journal

Mallinckrodt, the generic drugmaker that has struggled financially since exiting from bankruptcy last year, said it has decided not to make $56 million of interest payments due this week to holders of its secured bonds.

https://www.wsj.com/articles/mallinckrodt-misses-bond-interest-payments-as-financial-woes-worsen-2fff8c30