BRIEF-Valeant enters into amendment, restates credit and guaranty agreement
Aug 23 (Reuters) - Valeant Pharmaceuticals International Inc
* On August 23 entered into an amendment to its third amended and restated credit and guaranty agreement, dated as of February 13, 2012
* Amendment reduces minimum interest coverage maintenance covenant to 2.00 to 1.00 for quarters ending on or after Sept. 30, 2016
* Amendment permits issuance of secured notes with shorter maturities and incurrence of other indebtedness, in each case to repay term loans under credit agreement
* Amendment no. 13 also increases each of applicable interest rate margins under credit agreement by 0.50 percent Source: (bit.ly/2by7pB5) Further company coverage:
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