Valeant Pharmaceuticals International Inc.’s bond holders intends to call default due to its failure to file its annual report on time, the company said.
Earlier on Tuesday, the Wall Street Journal said Centerbridge Partners LP intends to call a default.
The move would start a 60-day period during which the tormented drugmaker would have to file its annual report or potentially be forced to repay the bonds early, the WSJ reported.
The material has been provided by InstaForex Company – www.instaforex.com
Valeant Pharmaceuticals International Inc.’s bond holders intends to call default due to its failure to file its annual report on time, the company said.
Earlier on Tuesday, the Wall Street Journal said Centerbridge Partners LP intends to call a default.
The move would start a 60-day period during which the tormented drugmaker would have to file its annual report or potentially be forced to repay the bonds early, the WSJ reported.
The material has been provided by InstaForex Company – www.instaforex.com
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