Bausch Health Companies Inc. announced the results of its offers to exchange outstanding Senior Secured Notes for new Senior Secured Notes.
Aggregate principal amount of $2,690,016,000 of Existing Senior Secured Notes had been tendered in the Offers.
Approximately $1,600 million of New Notes are expected to be issued in the Offers.
Exchange Offer Results
$2,690,016,000 of Existing Senior Secured Notes tendered, with $1,600 million of New Notes expected to be issued.
Withdrawal Rights
Withdrawal rights expired, and any tenders after the deadline may not be withdrawn.
Offer Expiration
Offers expire on December 23, 2025, with settlement expected within three business days following the Expiration Time.
- The successful exchange offer results indicate investor confidence in Bausch Health Companies Inc.
- The issuance of $1,600 million in New Notes demonstrates the company's strategic financial planning.
With a significant amount of Existing Senior Secured Notes tendered and the expectation of issuing $1,600 million in New Notes, Bausch Health Companies Inc. is poised for financial growth and stability in the coming period.