However, it is a bit disappointing when taking into account that just over a week ago Valeant wound up earning concessions from nearly $12 billion in secured debt if it filed its 10-K by April 29. In return for these concessions, Valeant agree to pay a fee of $50,000 per $10 million, as well as add one percentage point to the interest on its debt. It's possible this rate could decline if Valeant meets certain financial metrics, and Valeant seems fairly confident it can meet the April 29 filing deadline.