The Traderszone Network

Published in TZ Latest News 7 April, 2016 by The TZ Newswire Staff

Valeant Lenders Agree To Amend Credit Facility

Three days ago, the latest catalyst to weigh down Valeant stock was news that the company’s lenders were pushing back on its demands to obtain a default waiver and to loosen restrictions on its negative debt covenants.  It appears, however, that that issue has been resolved, and as the company reported moments ago in a press release on its website, VEX “has obtained the requisite lender approval for the amendment and waiver to its credit facility.  The Company expe

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