Valeant Pharmaceuticals International Inc.
VRX, +1.50%
said Monday it is planning to issue $1 billion of bonds due 2025 and will use the proceeds to help fund the repurchase of existing notes. The company, which is struggling with a $28 billion debt burden, said it would add cash on hand …
Read the full article at: http://www.marketwatch.com/story/valeant-to-borrow-1-billion-in-bond-market-to-help-fund-repayment-of-existing-debt-2017-10-02