secwatch.observer — SEC 8-K summary
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Issuer:     Bausch & Lomb Corp (BLCO)
CIK:        0001860742
Form:       8-K
Filed at:   2026-01-02T23:59:59+00:00
Accession:  0000950103-26-000051
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bausch + Lomb completes $2.8B term loan refinancing; margin cut up to 0.50%
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- Entered Fourth Amendment providing $2,802,125,000 Replacement Term Loans maturing January 15, 2031.
- Proceeds used to refinance existing term B loans due 2028 ($1.0B+) and 2031, extending maturity of 2028 tranche.
- Applicable margin reduced by 0.50% (SOFR loans) to 3.75% and by 0.25% (base rate loans) to 2.75%.
- Amortization set at 1.00% per annum with first installment due June 30, 2026.
- Refinancing closed on January 2, 2026, as previously announced.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1860742/000095010326000051/0000950103-26-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1860742/000095010326000051/dp239510_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-26-000051

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