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VRX Escrow Corp.
2150 St. Elzéar Blvd. West
Laval, QC  H7L 4A8  Canada

This is a Subsidiary, click here for the Parent Company

Business Summary
VRX Escrow Corp. is a newly formed wholly owned subsidiary of Valeant Pharmaceuticals International, Inc. ("Valent") that was formed to offer approximately $9.6 billion aggregate principal amount of senior unsecured notes to be issued in four series denominated in U.S. dollars and euro. The net proceeds of the offering, together with borrowings under the Valent's incremental term loan facilities and cash on hand, are expected to be used to fund its previously announced acquisition of Salix Pharmaceuticals, Ltd. ("Salix") as well as repayments of indebtedness of Salix and certain transaction expenses.

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Friday, March 29, 2024