July 10 (Reuters) - Valeant VRX.TO :
* Valeant pays down $811 million of senior secured term loans
* Valeant says debt reduction totals more than $4.3 billion since end of first-quarter 2016
* Valeant says continues to reiterate its expectation to pay down $5 billion in debt from divestiture proceeds & free cash flow within 18 months of August 2016
* Valeant - following closure of sale of Dendreon Pharmaceuticals LLC, used net proceeds of sale to pay down $811 million of its senior secured term loans
* Says with the transaction, all mandatory amortization has been paid through 2019 Source text for Eikon: ID:nCNWQHNqXa Further company coverage: VRX.TO