---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-25-016088"
form_type: "8-K"
ticker: "BLCO"
cik: "0001860742"
company_name: "Bausch & Lomb Corp"
filed_at: "2025-12-12T23:59:59+00:00"
generated_at: "2026-05-16T13:23:29.673765+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Bausch + Lomb refinances $2.8B in term loans, cuts margins and extends maturity

## Summary
- Replacement Term Loans of $2,802M allocated to refinance all outstanding term B loans due 2028 and 2031.
- Margin reduced by 0.50% on the existing 2031 term loans and 0.25% on the 2028 term loans; new margins at SOFR+3.75% or ABR+2.75%.
- Maturity of the 2028 loans extended from Sept 29, 2028 to Jan 15, 2031, matching the existing 2031 maturity.
- Transaction anticipated to close in Q1 2026, subject to customary conditions.
- Net interest expense expected to decrease due to lower applicable margins on the refinanced debt.

## SEC filing metadata
- accession: 0000950103-25-016088
- form_type: 8-K
- ticker: BLCO
- cik: 0001860742
- company_name: Bausch & Lomb Corp
- filed_at: 2025-12-12T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1860742/000095010325016088/0000950103-25-016088-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1860742/000095010325016088/dp238711_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-25-016088
- JSON: https://secwatch.observer/filing/0000950103-25-016088.json
- Plain text: https://secwatch.observer/filing/0000950103-25-016088.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.