Oct 2 (Reuters) - Valeant Pharmaceuticals International Inc (NYSE:VRX) VRX.TO
* Valeant announces launch of private offering of senior secured notes
* Valeant - it has launched an offering of $1 billion aggregate principal amount of senior secured notes due 2025
* Valeant - to use proceeds from offering, cash on hand, to repurchase $1 billion of its outstanding 5.375% senior notes due 2020
* Valeant - to also use net proceeds from offering, cash on hand, to repurchase unit's outstanding 7.000% senior notes due 2020