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Bausch Health Launches $4 Billion Note Offering to Restructure Debt

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Bausch Health Launches $4 Billion Note Offering to Restructure Debt

Bausch Health Companies ( (TSE:BHC) ) has shared an update.

Bausch Health Companies announced a private offering of $4 billion in senior secured notes and plans to establish new senior secured credit facilities. The proceeds will be used to repay existing debt and for general corporate purposes, potentially improving the company’s financial flexibility and market positioning.

More about Bausch Health Companies

Bausch Health Companies Inc. operates in the healthcare industry, focusing on pharmaceuticals, medical devices, and over-the-counter products. The company is known for its diverse portfolio, including eye health, gastroenterology, and dermatology products, serving a global market.

YTD Price Performance: -11.71%

Average Trading Volume: 2,561,284

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $2.58B

See more data about BHC stock on TipRanks’ Stock Analysis page.

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