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Endo Plans Private Placement of $400M in Debt

By Pharmaceutical Processing | November 15, 2010

CHADDS FORD, Pa. (AP) — Endo Pharmaceuticals Holdings Inc. will sell $400 million in debt to help pay for its
acquisition of Qualitest Pharmaceuticals.

Endo said the debt will be due in 2020 and will be sold in a private
placement. Endo announced in October that it would buy Qualitest for $1.2
billion. If the deal does not go through, Endo plans to use the proceeds from
the offering for general corporate purposes.

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