{"schema_version":"secwatch.filing_event.v1","accession":"0000885590-25-000010","form_type":"8-K","ticker":"BHC","cik":"0000885590","company_name":"Bausch Health Companies Inc.","filed_at":"2025-03-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.679378+00:00","generated_at":"2026-05-24T12:43:19.498364+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Bausch Health launches $4.0B secured notes offering and $3.8B credit facilities to refinance debt","bullets":["Indirect subsidiary launched $4.0B senior secured notes due 2032 to qualified institutional investors.","New senior secured credit facilities: $400M 5-year revolver and $3.4B 5.5-year term loan B, pari passu with notes.","Proceeds to repay secured term loan due 2027, redeem all 2025 and 2027 notes, and redeem 9.000% HoldCo notes due 2028.","Conditional redemption notices: 2025 notes redemption April 18, 2025; 2027/HoldCo notes redemption April 4, 2025.","Redemption conditioned on closing of note offering and term loan funding; no assurances given."],"urls":{"canonical":"https://secwatch.observer/filing/0000885590-25-000010","json":"https://secwatch.observer/filing/0000885590-25-000010.json","markdown":"https://secwatch.observer/filing/0000885590-25-000010.md","text":"https://secwatch.observer/filing/0000885590-25-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/885590/000088559025000010/0000885590-25-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/885590/000088559025000010/bhc-20250319.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T12:43:19.498364+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}