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Article Credit Rating Agencies More Favorable Toward Valeant
Tuesday, May 3rd

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Our client Vicki Bryan, quoted here

Valeant bonds are trading at prices near their pre-default scare, reports Vicki Bryan, of independent bond research shop Gimme Credit. In contrast to the credit rating agencies, she is still pretty negative on Valeant. She has an “underperform” rating on the bonds and thinks they are expensive given the risk that the company won’t meet its revenue and profit targets.