RVL Pharmaceuticals' Certain U.S. Operating Subsidiaries Have Agreed With Their Secured Lenders, Athyrium Capital Management, And Other Key Stakeholders, To Effectuate A Change Of Control Transaction Through Prepackaged Bankruptcy Cases
Portfolio Pulse from Benzinga Newsdesk
RVL Pharmaceuticals' certain U.S. operating subsidiaries have agreed with their secured lenders, Athyrium Capital Management, and other key stakeholders, to effectuate a change of control transaction through prepackaged bankruptcy cases.
October 12, 2023 | 10:52 am
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RVL Pharmaceuticals' U.S. subsidiaries are set to undergo a change of control transaction through prepackaged bankruptcy cases. This could potentially impact the company's financial stability and stock performance.
The news of a prepackaged bankruptcy case indicates financial distress within the company. This could lead to a decrease in investor confidence, potentially leading to a drop in the company's stock price. The impact is highly relevant as it directly involves RVL Pharmaceuticals' U.S. subsidiaries.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100