Refinancing action will reduce net debt by approximately 65%
Global manufacturing and delivery of products to continue uninterrupted to meet robust customer demand
Strong sequential improvement achieved in preliminary 4Q22 financial results
Executed strategic actions accelerating a renewed focus on core businesses
ELYRIA, Ohio, February 01, 2023–(BUSINESS WIRE)–Invacare Corporation (NYSE: IVC) (“Invacare” or “the company”), a leading manufacturer and distributor of medical equipment used in non-acute care settings, today announced actions to strengthen the company and position it for long-term success.
To facilitate its financial restructuring, the company has entered into a Restructuring Support Agreement (the “RSA” or “Agreement”) …
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