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Published on 6/2/2017 in the Prospect News Distressed Debt Daily.

Unilife operating report shows $459.76 million in debt as of April 30

By Caroline Salls

Pittsburgh, June 2 – Unilife Corp. listed $59.88 million in total assets and $459.76 million in total debt as of April 30, according to an operating report filed Friday with the Securities and Exchange Commission.

The company’s assets included $2.52 million in unrestricted cash and equivalents.

According to the report, Unilife had no cash sales for the period of April 12 through April 30.

Medical device manufacturer Unilife is based in York, Pa. The company filed for bankruptcy on April 12 in the U.S. Bankruptcy Court for the District of Delaware under Chapter 11 case number 17-10805.


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