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BRIEF-Valeant Pharmaceuticals has secured commitment from majority loan holders to amend terms of debt- WSJ, citing source

Published 2016-04-06, 04:43 p/m
© Reuters.  BRIEF-Valeant Pharmaceuticals has secured commitment from majority loan holders to amend terms of debt- WSJ, citing source
BHC
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April 6 (Reuters) - Valeant Pharmaceuticals (NYSE:VRX)
Internationational Inc VRX.TO :
* Has secured a commitment from majority of loan holders to
amend terms of debt- WSJ, citing source
* Agreed to pay fee of $50,000 per $10 mln of loans to
lenders for amendment and to boost interest rates on debt by 1
pct point VRX.TO

Source text: (http://on.wsj.com/25LJ5mN)

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