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Published on 11/20/2015 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Endo plans to redeem $400 million 7% senior notes due 2020 on Dec. 21

By Marisa Wong

Morgantown, W.Va., Nov. 20 – Endo International plc said wholly owned subsidiaries Endo Finance LLC and Endo Finco Inc. will redeem all $392,963,000 of their outstanding 7% senior notes due 2020 on Dec. 21.

Wholly owned subsidiary Endo Health Solutions Inc. will also redeem all $7,037,000 of its outstanding 7% senior notes due 2020 on Dec. 21.

Each of the redemptions is conditioned on the delivery of funds sufficient to pay the redemption price to trustee Wells Fargo Bank, NA, according to an 8-K filing with the Securities and Exchange Commission.

The company delivered conditional notices of redemption to holders on Friday.

Endo International is a Dublin-based specialty pharmaceutical company.


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