Endo Announces Proposed Private Offering Of Senior Secured Notes

Reuters04-08

Endo International PLC :Endo, Inc. Announces Proposed Private Offering Of Senior Secured Notes.Endo, Inc : Offering Part Of Exit Financing Required Under Fourth Amended Joint Chapter 11 Plan Of Reorganization Of Eip And Its Affiliated Debtors.Endo, Inc- Expects Initial Capital Structure To Consist Of $400.0 Million Senior Secured Five-Year Super-Priority Revolving Credit Facility.Endo, Inc : Expects Initial Capital Structure To Also Consist $1,250.0 Million Senior Secured 7-Year Term Loan & $1,250.0 Million Amount Of Notes.Endo, Inc: Plans To Use Part Of Net Proceeds Of Private Offering, With Other Proceeds, Cash On Hand To Buy Assets Of Eip, Certain Of Its Affiliates.

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