Brief: RVL Pharmaceuticals Announces Prepackaged Reorganization Of Certain U.S. Subsidiaries

RVL Pharmaceuticals

12/10/2023 11:54

Oct 12 (Reuters) - RVL Pharmaceuticals PLC  RVLP.O :
    * RVL PHARMACEUTICALS PLC ANNOUNCES PREPACKAGED
REORGANIZATION OF
CERTAIN U.S. SUBSIDIARIES
    * RVL PHARMACEUTICALS PLC: BUSINESS OPERATIONS AT U.S.
SUBSIDIARIES TO CONTINUE AS THEY PURSUE STRATEGIC PLAN
    * RVL PHARMACEUTICALS PLC - RVLP ORDINARY SHARES EXPECTED TO
BE
CANCELLED
    * RVL PHARMACEUTICALS PLC - SENIOR SECURED LENDER TO
EXCHANGE
OUTSTANDING DEBT INTO EQUITY OF REORGANIZED ENTITIES
    * RVL PHARMACEUTICALS PLC - RVL'S PUBLIC EQUITY IS EXPECTED
TO BE
CANCELLED UPON COMPLETION OF ITS WIND-DOWN, ANTICIPATED TO BE
DURING 2024
    * RVL PHARMACEUTICALS PLC - EXPECTED TO COMMENCE WIND-DOWN
OF ANY
REMAINING OPERATIONS OF COMPANY AND ITS SUBSIDIARIES, OTHER THAN
RVL SUBSIDIARIES
    * RVL PHARMACEUTICALS - REORGANIZATION CONTEMPLATES THAT ALL
OF
RVL SUBSIDIARIES' VENDORS, SUPPLIERS, AND CUSTOMERS WILL BE
UNAFFECTED BY REORGANIZATION
    * RVL PHARMACEUTICALS PLC - REORGANIZATION CONTEMPLATES THAT
ALL
RVL SUBSIDIARIES' VENDORS, SUPPLIERS, AND CUSTOMERS WILL BE
UNAFFECTED BY REORGANIZATION

Source text for Eikon:  ID:nGNX1BrZst 
Further company coverage:  RVLP.O 

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