secwatch.observer — SEC 8-K summary
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Issuer:     Bausch & Lomb Corp (BLCO)
CIK:        0001860742
Form:       8-K
Filed at:   2025-06-18T23:59:59+00:00
Accession:  0000950103-25-007603
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bausch + Lomb prices €675M senior secured notes, upsizes term loan to $2.325B
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- Issuers priced €675M senior secured floating rate notes due 2031 at 99.500% of principal, upsized from €600M.
- New $2.325B term B loan facility (Term SOFR + 4.25%) upsized from $2.2B; $800M revolver also planned.
- Proceeds will repay existing revolver, refinance term A and B loans due 2027, and pay fees.
- Notes offering and new credit facilities expected to close on June 26, 2025, subject to conditions.
- Notes are guaranteed by Bausch + Lomb and secured by same assets as existing senior secured notes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1860742/000095010325007603/0000950103-25-007603-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1860742/000095010325007603/dp229911_8k-pricing.htm
  HTML page:      https://secwatch.observer/filing/0000950103-25-007603

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