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Centerbridge has called for a default

Large bond investor Centerbridge has called for a default on Valeant Pharmaceuticals International.

22 Comments to Centerbridge has called for a default :

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best rated resume writers on Sunday, 1 December 2019 4:29 AM
Valeant Pharmaceuticals has turned from a Wall Street stock market into a corporate disaster, and the announcement that one of its biggest creditors Centerbridge is calling a default on its loans is the latest punch the company has received. Valeant has been plagued by debt issues and its stock has fallen dramatically following allegations of malfeasance from a short seller and the succeeding government scrutiny over its pricing practice. What would become of the drugs under the company's research and development pipeline with this latest problem?


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