secwatch.observer — SEC 8-K summary
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Issuer:     Bausch Health Companies Inc. (BHC)
CIK:        0000885590
Form:       8-K
Filed at:   2025-03-25T23:59:59+00:00
Accession:  0000885590-25-000013
Event type: debt
Sentiment:  neutral
Materiality: 0.85
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bausch Health prices $4.4B 10% senior secured notes due 2032, upsized from $4.0B
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- Bausch Health priced $4.4B aggregate principal of 10.000% senior secured notes due 2032, upsized from $4.0B.
- Offering expected to close April 8, 2025; net proceeds to repay existing credit agreement and redeem all Existing Notes.
- Company received commitments for $500M new 5-year revolver and $3.0B 5.5-year term loan B facility.
- Conditional redemption notices delivered for five series of Existing Notes; redemption conditioned on financing closing.
- No assurance conditions will be satisfied; redemption may not occur, but indentures to be discharged if not redeemed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885590/000088559025000013/0000885590-25-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885590/000088559025000013/bhc-20250325.htm
  HTML page:      https://secwatch.observer/filing/0000885590-25-000013

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