7/103 sources · 3 publishersUpdated Oct 28, 21:46 UTC
Bausch Health to redeem $643 million of 8.5% senior notes due 2027
+1 new source since this summary was written
Bausch Health Companies Inc. announced it will fully redeem $643 million of its 8.5% senior notes that mature in 2027. The redemption will be executed on November 30 2026, after a notice is issued on October 29 2026. The company will use cash on hand for the repayment, aiming to lower its high‑coupon debt.
Why it matters
The redemption reduces Bausch Health's outstanding debt at a relatively high interest rate, which could improve its balance‑sheet leverage and free cash flow. The company’s use of cash on hand means no new financing is required.
Key facts
- 1Bausch Health will redeem $643 million of senior notes due 2027. stocktitan.net
- 2The notes carry an 8.5% coupon. tradingview.com
- 3Redemption is scheduled for November 30 2026. tradingview.com
- 4The redemption notice will be issued on October 29 2026. tradingview.com
- 5Cash on hand will be used to fund the redemption. stocktitan.net
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.