MNK - Mallinckrodt down 35% on missed bond payments
2023-06-15 16:27:17 ET
- Mallinckrodt ( NYSE: MNK ) closed down nearly 35% on Thursday after saying that it would not make interest payments on two bonds.
- The first senior secured notes were issued with a principal amount of $650M whilethe second is $375M.
- Earlier this month, it was reported Mallinckrodt ( MNK ) was considering bankruptcy .
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Mallinckrodt down 35% on missed bond payments