secwatch.observer — SEC 8-K summary
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Issuer:     Endo International plc (—)
CIK:        0001593034
Form:       8-K
Filed at:   2024-03-25T23:59:59+00:00
Accession:  0001193125-24-075864
Event type: other_material
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bankruptcy court confirms Endo's Chapter 11 plan; equity canceled, first lien creditors get 96.3%
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- On March 22, 2024, bankruptcy court confirmed Endo's fourth amended reorganization plan.
- First lien creditors receive 96.3% of new equity; second lien and unsecured noteholders get 3.7% plus $23.3M cash.
- Opioid claimants: $460M for states, $119.7M for private, up to $15M tribal, $11.4M future.
- DOJ payment of $364.9M over 10 years or $200M lump sum plus contingent payments up to $100M.
- Existing equity canceled, holders get nothing; New Endo expects up to $2.5B debt financing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1593034/000119312524075864/0001193125-24-075864-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1593034/000119312524075864/d813107d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-075864

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