Fri 04/08/2022 10:54 AM
Mallinckrodt post-reorganized credit:
Relevant Items:
Confirmed Plan
Disclosure Statement
Post-Reorg Summary Download on Reorg Analysis Page
Mallinckrodt’s latest unsecured bond prices, which are trading around 50, according to Solve Advisors, imply its reorganized equity market valuation upon emergence from chapter 11 would be roughly half of the company’s estimated plan valuation. The reorganized company, which expects
to emerge from chapter 11 later this month, would have a...
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