Bausch Health prices private offering of USD1.5bn senior notes.

Global Banking News-May 10, 2019-Bausch Health prices private offering of USD1.5bn senior notes

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Health care company Bausch Health Companies Inc (NYSE:BHC) (TSX:BHC) reported on Thursday that it has priced its offering of USD750m aggregate principal amount of 7.000% senior notes due 2028 and USD750m aggregate principal amount of 7.250% senior notes due 2029.

Both series of notes notes will be sold to investors at a price of 100.00% of the principal amount thereof.

Net proceeds of the notes offering, along with cash on hand, may be used by the company to repurchase USD1,500m aggregate principal amount across the outstanding 5.50% senior notes due 2023 and 5.875% senior notes due 2023 under...

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