An announcement from Bausch Health Companies ( (TSE:BHC) ) is now available.
Bausch Health Companies Inc. announced the pricing of an upsized private offering of $4.4 billion in senior secured notes due 2032, through its subsidiary 1261229 B.C. Ltd. The proceeds from this offering, along with borrowings from new senior secured credit facilities, will be used to repay existing debts, redeem senior notes, and for general corporate purposes. This financial maneuver is expected to streamline the company’s debt structure and potentially enhance its financial flexibility.
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 eye health, gastroenterology, and dermatology products, with a significant market presence in these areas.
YTD Price Performance: -8.44%
Average Trading Volume: 2,601,167
Technical Sentiment Signal: Strong Buy
Current Market Cap: $2.63B
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