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Bausch Health Announces Conditional Redemption of Senior Notes

1. Bausch Health is redeeming multiple series of senior secured notes. 2. This move may improve BHC's financial flexibility and reduce debt.

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FAQ

Why Bullish?

The redemption of high-yield debt likely reflects improved financial health. Historically, similar actions have led to positive stock performance as investors view them as risk-reducing.

How important is it?

The announced redemption signals proactive debt management, which could attract investment and support stock price improvements.

Why Short Term?

The immediate effect of debt redemption can boost investor confidence and share price. Long-term effects depend on BHC's ongoing performance and market conditions.

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BHCVRXAGN
LAVAL, QC / ACCESS Newswire / March 21, 2025 / Bausch Health Companies Inc. (NYSE:BHC)(TSX:BHC) (the "Company" or "Bausch Health") today announced that (i) it has delivered conditional notices of redemption for all of its outstanding 5.500% Senior Secured Notes due 2025, 9.000% Senior Notes due 2025, 5.750% Senior Secured Notes due 2027 and 6.125% Senior Secured Notes due 2027 (collectively, the "BHC Notes") and (ii) 1375209 B.C. Ltd., the Company's indirect wholly-owned subsidiary ("HoldCo"), has delivered a conditional notice of redemption for all of its outstanding 9.000% Senior Secured Notes due 2028 (collectively with the BHC Notes, the "Notes").

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