{"schema_version":"secwatch.filing_event.v1","accession":"0000950103-25-016089","form_type":"8-K","ticker":"BHC","cik":"0000885590","company_name":"Bausch Health Companies Inc.","filed_at":"2025-12-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.483483+00:00","generated_at":"2026-05-16T13:26:32.739890+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Bausch + Lomb refinances $2.8B term loans; margin cut, maturity extended to 2031","bullets":["$2.802B new Replacement Term Loans to refinance existing term B loans due 2028 and 2031.","Applicable margin reduced by 0.50% (to 3.75%+SOFR) for Third Amendment loans and 0.25% (to 2.75%+ABR) for First Incremental loans.","Maturity extended for First Incremental loans from Sep 29, 2028 to Jan 15, 2031; Third Amendment loans unchanged at 2031.","Transaction expected to close in Q1 2026, subject to conditions; no assurance of completion."],"urls":{"canonical":"https://secwatch.observer/filing/0000950103-25-016089","json":"https://secwatch.observer/filing/0000950103-25-016089.json","markdown":"https://secwatch.observer/filing/0000950103-25-016089.md","text":"https://secwatch.observer/filing/0000950103-25-016089.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/885590/000095010325016089/0000950103-25-016089-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/885590/000095010325016089/dp238710_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:26:32.739890+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}