Core Viewpoint - Bausch Health Companies Inc. and its subsidiary announced the final results and expiration of their offers to exchange existing senior secured notes for new senior secured notes totaling up to $1.6 billion [1] Group 1: Exchange Offer Details - The company is exchanging its outstanding 4.875% Senior Secured Notes due 2028 and 11.00% Senior Secured Notes due 2028 for up to $1.6 billion aggregate principal amount of new 10.00% Senior Secured Notes due 2032 [1] - The offers were conducted according to the terms outlined in a confidential exchange offer memorandum dated November 24, 2025 [1]

Core Viewpoint - Bausch Health Companies Inc. is conducting an exchange offer for its outstanding senior secured notes, aiming to issue new notes with a higher interest rate to improve its debt structure [1] Group 1: Exchange Offer Details - The company announced offers to exchange its existing 4.875% and 11.00% Senior Secured Notes due 2028 for new 10.00% Senior Secured Notes due 2032 [1] - The maximum aggregate principal amount for the exchange is set at $1.6 billion [1] - The exchange offer is being conducted through the company's indirect wholly-owned subsidiary, 1261229 B.C. Ltd. [1]

Core Viewpoint - Bausch Health Companies Inc. is initiating an exchange offer for its existing senior secured notes, aiming to replace them with new notes that have a higher interest rate and extended maturity [1] Group 1: Exchange Offer Details - The company is offering to exchange its outstanding 4.875% Senior Secured Notes and 11.00% Senior Secured Notes for up to $1.6 billion in new 10.00% Senior Secured Notes due 2032 [1] - The exchange is being conducted through a confidential exchange offer memorandum dated November 24, 2025 [1] Group 2: Financial Implications - The new notes will have a higher interest rate of 10.00%, compared to the existing notes, which may indicate a strategic move to attract investors [1] - The maximum principal amount for the exchange is set at $1.6 billion, reflecting the company's efforts to manage its debt effectively [1]