Creditors Defer Debts for Nichi-Iko until Turnaround Plan Is Approved

May 27, 2022
Creditors of Nichi-Iko Pharmaceutical on May 26 agreed to allow the embattled generic maker to defer its debt repayments under an out-of-court turnaround procedure filed earlier this month. The grace period was set until lenders approve the company’s restructuring plan...read more