LifeScan (the “Company”), a world leader in blood glucose monitoring, announces its successful emergence from its Chapter 11 financial restructuring process following approval of its Plan of Reorganization on October 27, 2025. Through this process, the Company eliminated more than 75% of its debt, providing the financial flexibility needed to continue its leadership in the glucose management industry. In connection with emergence, LifeScan is now owned by a group of its existing lenders, including Canyon Partners and Brigade Capital Management, LP.
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Source: https://www.businesswire.com/news/home/20251208863756/en/LifeScan-Successfully-Emerges-from-Financial-Restructuring-Process-Enters-Next-Chapter-with-Renewed-Strength