New York, April 05, 2016 -- Moody's Investors Service commented that the conclusion of the Ad Hoc Committee of Valeant Pharmaceuticals International, Inc. ("Valeant") with no additional adverse findings is a positive development. There are no changes to Valeant's ratings including the B2 Corporate Family Rating, the Caa1-PD Probability of Default Rating, the Ba2 senior secured rating or the B3 senior unsecured rating at this time. These ratings remain under review for downgrade.
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