Endo Announces Confirmation of Plan of Reorganization

Anticipates Completing Financial Restructuring as Early as Late April 2024

DUBLIN, March 19, 2024 /CNW/ -- Endo International plc (OTC:ENDPQ) ("Endo" or the "Company") today announced that the United States Bankruptcy Court for the Southern District of New York has confirmed its Chapter 11 plan of reorganization (the "Plan"), clearing the path for the Company to successfully complete its financial restructuring.  Under the Plan, substantially all of the Company's assets are being sold to a new entity, Endo, Inc., over 95% of which is owned by holders of the Company's first lien debt.  The transaction is expected to close as early as late April 2024 upon receiving final regulatory approvals and satisfying customary closing conditions.