Bausch Health (BHC) To Reduce Debt By $100 Million Using Cash Generated From Operations
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Bausch Health To Reduce Debt By $100 Million Using Cash Generated From Operations
April 7, 2021 7:00 AM EDTLAVAL, Quebec, April 7, 2021 /PRNewswire/ -- Bausch Health Companies Inc. (NYSE/TSX: BHC) ("Bausch Health" or the "Company") today announced it will reduce debt by $100 million through the redemption of outstanding senior secured notes, using cash generated from operations.
Bausch Health will redeem $100 million aggregate principal amount of its outstanding 7.00% Senior Secured Notes due 2024, CUSIP Nos. 91911K AK8, C94143 AK7 (the "Notes") on May 7, 2021. The Company previously redeemed a total of $200M aggregate principal amount of the Notes in March 2021.
The Company will issue today an... More
