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Valeant Pharmaceuticals International, Inc.

09:48 AM EST - Valeant Pharmaceuticals International, Inc. : Put in notice to pay down an additional $125 million of its senior secured term loans, using cash on hand. When the debt is repaid later this week, the Company will exceed its August 2016 commitment to pay down $5 billion in debt from divestiture proceeds and free cash flow ahead of its previously stated timing of February 2018. Valeant Pharmaceuticals International, Inc. shares T.VRX are trading up $0.43 at $15.06.