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Published on 8/10/2016 in the Prospect News Bank Loan Daily, Prospect News Canadian Bonds Daily and Prospect News High Yield Daily.

Moody’s: Valeant unchanged by amendment

Moody's Investors Service said that a proposed amendment to Valeant Pharmaceuticals International Inc.'s credit agreement will improve its liquidity position due to increased cushion under financial maintenance covenants.

There is no impact on Valeant's ratings, including the B2 corporate family rating and the negative outlook.


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