Cano health announces agreement with unsecured creditors committee and court approval of disclosure statement for its reorganization plan

Emergence from chapter 11 expected in third quarter of 2024 miami , may 21, 2024 /prnewswire/ -- cano health, inc. (nyse: cano) ("cano health" or the "company"), a leading value-based primary care provider and population health company, today announced a global agreement with the unsecured creditors committee representing the interests of the company's general unsecured creditors, with the support of the ad hoc lender group. it also received approval of its disclosure statement by the u.s. bankruptcy court for the district of delaware (the "court"), paving the way to solicit creditor approval of its plan of reorganization and its expected emergence from chapter 11 in the third quarter.
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