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Bausch + Lomb Announces $2.8 Billion Loan Refinancing

Story Highlights
  • Bausch + Lomb allocated $2.8 billion in new loans to refinance existing ones.
  • The refinancing aims to reduce rates and extend loan maturities, enhancing financial stability.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bausch + Lomb Announces $2.8 Billion Loan Refinancing

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An update from Bausch + Lomb Corporation ( (BLCO) ) is now available.

Bausch + Lomb Corporation announced the allocation of $2.8 billion in new term B loans to refinance its existing term B loans due 2031 and 2028. This refinancing effort is expected to reduce the applicable margin rates and extend the maturity of some loans, potentially enhancing the company’s financial flexibility and operational stability. The transactions are anticipated to close in the first quarter of 2026, although there is no guarantee of completion on the proposed terms.

The most recent analyst rating on (BLCO) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Bausch + Lomb Corporation stock, see the BLCO Stock Forecast page.

Spark’s Take on BLCO Stock

According to Spark, TipRanks’ AI Analyst, BLCO is a Neutral.

Bausch + Lomb’s overall stock score is driven by strong technical indicators and positive strategic outlook from recent corporate events. However, financial performance and valuation concerns, particularly negative profitability and cash flow issues, weigh down the score.

To see Spark’s full report on BLCO stock, click here.

More about Bausch + Lomb Corporation

Bausch + Lomb Corporation is a leading global eye health company dedicated to improving vision and quality of life. The company offers a wide range of products including contact lenses, prescription products, over-the-counter options, and surgical devices, focusing on innovation and improving eye health standards.

Average Trading Volume: 494,880

Technical Sentiment Signal: Buy

Current Market Cap: $5.93B

Find detailed analytics on BLCO stock on TipRanks’ Stock Analysis page.

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