---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-149726"
form_type: "8-K"
ticker: "BLCO"
cik: "0001860742"
company_name: "Bausch & Lomb Corp"
filed_at: "2025-06-27T23:59:59+00:00"
generated_at: "2026-05-18T16:31:59.982852+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Bausch + Lomb closes €675M notes offering and $2.325B term loan refinancing, extends maturities to 2031

## Summary
- €675M senior secured floating rate notes due Jan 15, 2031, at EURIBOR + 3.875%, priced at 99.5%.
- $2.325B term B loans due 2031 at SOFR+4.25% or base+3.25%; $800M revolver replaced $500M revolver.
- Proceeds used to repay 2027 term A and B loans and revolver; first-lien net leverage covenant raised to 5.75:1 (stepping down).
- Term loans amortize at 1% per annum; first payment Sept 30, 2025.
- Notes secured on first-priority basis by collateral also securing existing credit and senior secured notes.

## SEC filing metadata
- accession: 0001193125-25-149726
- form_type: 8-K
- ticker: BLCO
- cik: 0001860742
- company_name: Bausch & Lomb Corp
- filed_at: 2025-06-27T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1860742/000119312525149726/0001193125-25-149726-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1860742/000119312525149726/d932769d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-149726
- JSON: https://secwatch.observer/filing/0001193125-25-149726.json
- Plain text: https://secwatch.observer/filing/0001193125-25-149726.txt

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