debt
confidence high
sentiment neutral
materiality 0.60
Bausch + Lomb launches €600M notes offering and $2.2B term loan refinancing
Bausch & Lomb Corp
- Subsidiaries launch €600M senior secured floating rate notes offering.
- New $2.2B term B loan facility and $800M revolving credit facility planned.
- Proceeds to repay existing revolver and refinance term A and B loans due 2027.
- Notes offering not contingent on new credit facilities; secured by same collateral.
- Transactions subject to market conditions; no assurance of completion.
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