Endo International (ENDP) Begins Debt-restructuring Talks With Creditors - WSJ

May 18, 2022 11:58 AM EDT

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(Updated - May 18, 2022 12:02 PM EDT)

Endo International (NASDAQ: ENDP) has started talks with lenders and senior bondholders about a possible restructuring of more than $8 billion in debt, according the Wall Street Journal, citing people familiar with the matter.

Lenders initiated talks after a drop in earnings this month. Lawyers representing lenders have entered confidential discussions with the company.

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