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Debt Financing / Related, Bankruptcy / Related

Akorn Completes Sale To Lenders, Exits Chapter 11 Protection

Published: 10/02/2020 01:26 GMT
(AKRXQ) - Akorn Successfully Completes Sale to Lenders and Exits Chapter 11 Protection.
Has Secured a Revolving Credit Line to Ensure a Stronger Balance Sheet and Operating Flexibility.
Akorn's Long-term Debt Has Been Cut by More Than Half.
Co is Now Operating As a Private Entity Under Legal Name of Akorn Operating Company Llc.