{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-149731","form_type":"8-K","ticker":"BHC","cik":"0000885590","company_name":"Bausch Health Companies Inc.","filed_at":"2025-06-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.613222+00:00","generated_at":"2026-05-18T17:12:07.397845+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Bausch + Lomb closes upsized €675M senior secured notes and $2.325B term loan refinancing","bullets":["Issued €675M senior secured floating rate notes due 2031 at 3-month EURIBOR+3.875%.","Entered $2.325B term B loan facility due 2031; amortization 1% p.a., first payment Sept 2025.","Established new $800M revolver due 2030, replacing $500M facility; covenant levels increased to max 5.75x first lien net leverage.","Proceeds used to repay existing revolver and refinance term A and B loans due 2027.","Third Amendment provides additional transaction flexibility and modified financial covenant levels."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-149731","json":"https://secwatch.observer/filing/0001193125-25-149731.json","markdown":"https://secwatch.observer/filing/0001193125-25-149731.md","text":"https://secwatch.observer/filing/0001193125-25-149731.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/885590/000119312525149731/0001193125-25-149731-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/885590/000119312525149731/d949183d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T17:12:07.397845+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":[{"claim_id":"e7b944eb1ef6291b4878e7284315655b4f25462c","claim":"Bausch Health Companies Inc. incurred senior notes of €675,000,000 aggregate principal amount with Citibank, N.A. at three-month EURIBOR (with a 0% floor) plus 3.875% per year maturing January 15, 2031.","evidence_excerpt":"completed the previously announced offering of €675,000,000 aggregate principal amount of senior secured floating rate notes due 2031 (the “Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/885590/000119312525149731/0001193125-25-149731-index.htm","confidence":1.0,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"€675,000,000 aggregate principal amount"},{"label":"Counterparty","value":"Citibank, N.A."},{"label":"Rate","value":"three-month EURIBOR (with a 0% floor) plus 3.875% per year"},{"label":"Maturity","value":"January 15, 2031"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}