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Valeant Pharmaceuticals Completes Syndication Of Incremental Term Loans


//health-fitness.news-articles.net/content/2012/ .. letes-syndication-of-incremental-term-loans.html
Published in Health and Fitness on Thursday, June 14th 2012 at 15:40 GMT by Market Wire   Print publication without navigation


Valeant Pharmaceuticals Completes Syndication Of Incremental Term Loans -- MONTREAL, June 14, 2012 /PRNewswire/ --

Valeant Pharmaceuticals Completes Syndication Of Incremental Term Loans

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MONTREAL, June 14, 2012 /PRNewswire/ -- Valeant Pharmaceuticals International, Inc. (NYSE: [ VRX ] and TSX: VRX) announced today the successful syndication of $600 million of incremental term loans under its existing senior secured credit facilities to be used to fund repayment of amounts outstanding under its existing $275 million revolving facility and for general corporate purposes, including acquisitions.  The incremental term loans will mature in 2019 and have terms that are similar to the Company's existing $600 million Term Loan B facility, with certain modifications. The facility closed on June 14, 2012.

About Valeant Pharmaceuticals International, Inc.

Valeant Pharmaceuticals International, Inc. (NYSE/TSX: VRX) is a multinational specialty pharmaceutical company that develops, manufactures and markets a broad range of pharmaceutical products primarily in the areas of neurology, dermatology and branded generics.  More information about Valeant Pharmaceuticals International, Inc. can be found at [ www.valeant.com ].

(Logo: [ http://photos.prnewswire.com/prnh/20101025/LA87217LOGO ])

Contact Information:
Laurie W. Little
949-461-6002
[ laurie.little@valeant.com ]

 

SOURCE Valeant Pharmaceuticals International, Inc.

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[ http://www.valeant.com ]


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