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BRIEF-Valeant reports debt reduction of about $220 mln

May 1 Valeant Pharmaceuticals International Inc :

* Valeant announces additional debt reduction of approximately $220 million

* Valeant - company has now reduced approximately $3.6 billion of debt from end of q1 2016

* Valeant - has reduced its senior secured terms loans by approximately an additional $220 million as of monday may 1, 2017

* Valeant - continues to advance toward expectation of paying down $5 billion in debt from divestiture proceeds, free cash flow within 18 months of august 2016 Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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