The company said earlier in the month that a delay in filing its annual report would put it at risk of a default on its $30 billion in debt. Valeant on Wednesday said it was seeking to extend the deadline for filing its annual report to May 31. “The company is comfortable with its current liquidity position and cash flow generation for the rest of the year, and remains well positioned to meet its obligations,” Valeant said.
Read more here:
Valeant seeks waiver from lenders related to filing annual report