Mallinckrodt Plc Amendment Extends To June 23, 2023, From June 16, 2023, Date On Which A $200M Payment Is Required To Be Made To Trust
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Mallinckrodt Plc has extended the date for a $200 million payment to a trust from June 16, 2023, to June 23, 2023, according to an SEC filing.
June 16, 2023 | 4:34 pm
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Mallinckrodt Plc has gained a one-week extension for a $200 million payment to a trust, now due on June 23, 2023.
The extension of the payment deadline by one week is a minor change and is unlikely to have a significant short-term impact on Mallinckrodt's stock price. However, it does indicate that the company is actively managing its financial obligations, which could be seen as a positive sign by investors.
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