secwatch.observer — SEC 8-K summary
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Issuer:     Bausch & Lomb Corp (BLCO)
CIK:        0001860742
Form:       8-K
Filed at:   2024-11-01T23:59:59+00:00
Accession:  0000950103-24-015809
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bausch + Lomb borrows $400M in incremental term loans; matures 2027
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- Borrowed $400M in Second Incremental Term Loans under credit agreement dated May 10, 2022.
- Term loans mature May 10, 2027; amortize quarterly starting Q1 2025.
- Interest rate: base rate + 2.25% or term SOFR + 3.25%, at borrower's option.
- Proceeds used to repay revolving credit facility and for general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1860742/000095010324015809/0000950103-24-015809-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1860742/000095010324015809/dp220179_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-24-015809

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