Mallinckrodt looking to delay $200 million opioid payment - Bloomberg
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 [June 16, 2023]
(Reuters) - Mallinckrodt is seeking to postpone a $200 million
opioid settlement payment, Bloomberg News reported on Thursday citing
people with knowledge of the matter.
The drugmaker wants lenders to waive off provisions that would make
Mallinckrodt a defaulter if it skipped the opioid payment due June 16,
the report said.
Mallinckrodt did not immediately respond to a Reuters request for
comment.
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 The company earlier this month said
it was considering a second bankruptcy filing and other options
after its lenders raised concerns over the $200 million payment.
Mallinckrodt emerged from bankruptcy last year after winning court
approval for a reorganization plan that included a $1.7 billion
settlement of the litigation.
(Reporting by Raghav Mahobe in Bengaluru; Editing by Krishna Chandra
Eluri)
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