Concordia International Corp. announced the completion of the recapitalization transaction. As part of the Recapitalization Transaction, and in accordance with the CBCA Plan and the Investor Rights Agreement, as further described in the Circular, certain of Concordia’s directors resigned effective upon implementation of the CBCA Plan, and three new directors, in addition to Concordia’s Chief Executive Officer, have been appointed to the board of directors of Concordia pursuant to the CBCA Plan. The company like to thank each of Dough Deeth, Rochelle Fuhrmann, Itzhak Krinsky, Francis Perier, Jr. and Patrick Vink for all of their hard work and support for Concordia over the years, as well as their help and assistance with the company's recapitalization. Current board director, Randy Benson, will become the Company’s new chairman. Based in Toronto, Canada, Mr. Benson has more than 18 years of experience managing corporate restructurings most recently as Principal at RC Benson Consulting Inc. Concordia’s new directors include: Barry Fishman, Florian Hager and Robert Manzo. Mr. Fishman has approximately 20 years of experience as a business leader, including his recent role as CEO of Merus Labs International Inc. Mr. Hager is a Principal at GSO Capital Partners based in London, England. He is involved in both debt and equity investments across a wide variety of industries with a specific focus on special situations. Before joining GSO Capital Partners, Mr. Hager worked in Blackstone’s Restructuring & Reorganization Group where he advised debtors and creditors on in-court and out-of-court restructurings. Mr. Manzo co-founded Policano and Manzo, LLC. In 2000, Mr. Manzo sold his firm to FTI Consulting Inc., where he held the position of senior managing director through 2005. Since 2006, Mr. Manzo has been a private investor and serves on a number of public and private company boards.