Mylan pays down $153.3 million of debt in the third quarter

By Sara Rosenberg

New York, Oct. 29 - Mylan Inc. made repayments on its long-term debt in the amount of $153.3 million during the third quarter, according to a news release.

These payments primarily consisted of amounts due in 2010 under the company's senior credit facility.

Mylan is a Canonsburg, Pa.-based developer, manufacturer, marketer, licenser and distributor of generic, brand, and branded generic pharmaceutical products and active pharmaceutical ingredients.

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