{"id":919407,"date":"2025-12-12T17:08:59","date_gmt":"2025-12-12T22:08:59","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/bausch-lomb-announces-refinancing-of-outstanding-term-b-loans\/"},"modified":"2025-12-12T17:08:59","modified_gmt":"2025-12-12T22:08:59","slug":"bausch-lomb-announces-refinancing-of-outstanding-term-b-loans","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/bausch-lomb-announces-refinancing-of-outstanding-term-b-loans\/","title":{"rendered":"Bausch + Lomb Announces Refinancing of Outstanding Term B Loans"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Bausch + Lomb Announces Refinancing of Outstanding Term B Loans<\/b><\/p>\n<p>VAUGHAN, Ontario&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nBausch + Lomb Corporation (NYSE\/TSX: BLCO) (\u201cBausch + Lomb\u201d or the \u201ccompany\u201d), a leading global eye health company dedicated to helping people see better to live better, today announced that it allocated a $2,802,125,000 tranche (the \u201cReplacement Term Loans\u201d) of new term B loans, the proceeds of which will be used to refinance all of its outstanding term B loans due 2031 (the \u201cThird Amendment Term Loans\u201d) and its outstanding term B loans due 2028 (the \u201cFirst Incremental Term Loans\u201d). The applicable margin is anticipated to be (i) 3.75% per annum for Replacement Term Loans with an interest rate determined by reference to term SOFR and (ii) 2.75% per annum for Replacement Term Loans with an interest rate determined by reference to the alternate base rate; the margin applicable to the Replacement Term Loans represents a 0.50% per annum reduction for the Third Amendment Term Loans and a 0.25% per annum reduction for the First Incremental Term Loans. The Replacement Term Loans will mature on January 15, 2031, which is same maturity date as the Third Amendment Term Loans and which represents a maturity extension of the First Incremental Term Loans from September 29, 2028.\n<\/p>\n<p>\nThe foregoing transactions are anticipated to close in the first quarter of 2026; however, there can be no assurances that the company will be able to complete the foregoing transactions on the terms described above or at all.\n<\/p>\n<p><b>About Bausch + Lomb<\/b><\/p>\n<p>\nOur mission is simple \u2013 we help people see better to live better, all over the world. For nearly two centuries we\u2019ve evolved with the changing needs of patients and customers, and our commitment to innovation and improving the standard of care in eye health has never been stronger. From contact lenses to prescription products, over-the-counter options, surgical devices and more, we\u2019re turning bold ideas into better outcomes through passion, perseverance and purpose. Learn more at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.bausch.com&amp;esheet=54375860&amp;newsitemid=20251212681763&amp;lan=en-US&amp;anchor=www.bausch.com&amp;index=1&amp;md5=1ce97b1cd3d3d8acc94ec4b96d29c5ef\">www.bausch.com<\/a> and connect with us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2FBauschandLomb&amp;esheet=54375860&amp;newsitemid=20251212681763&amp;lan=en-US&amp;anchor=Facebook&amp;index=2&amp;md5=4deaabda8f3d30c6ba54b476cbfdf56e\">Facebook<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.instagram.com%2Fbauschlomb%2F%3Fhl%3Den&amp;esheet=54375860&amp;newsitemid=20251212681763&amp;lan=en-US&amp;anchor=Instagram&amp;index=3&amp;md5=63b640df4e3e7a402e7fa09f99752d20\">Instagram<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2F5185%2Fadmin%2F&amp;esheet=54375860&amp;newsitemid=20251212681763&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=4&amp;md5=d8d1f6e0a917e73a3c8174ca638192e4\">LinkedIn<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fx.com%2FBauschLomb&amp;esheet=54375860&amp;newsitemid=20251212681763&amp;lan=en-US&amp;anchor=X&amp;index=5&amp;md5=213f14b6a3e43041e7c6e7e329c9fba7\">X<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.youtube.com%2Fbauschlomb1&amp;esheet=54375860&amp;newsitemid=20251212681763&amp;lan=en-US&amp;anchor=YouTube&amp;index=6&amp;md5=7a52d718fa896c1a92bed36e7655c2c6\">YouTube<\/a>.\n<\/p>\n<p><b>Forward-looking Statements<\/b><\/p>\n<p>\nThis news release may contain forward-looking information and statements within the meaning of applicable securities laws (collectively, \u201cforward-looking statements\u201d), including, but not limited to, our refinancing plans and the details thereof, including the Replacement Term Loans, the proposed use of proceeds therefrom and the details thereof, our ability to complete the transactions described in this press release, and the other expected effects thereof. Forward-looking statements may generally be identified by the use of the words \u201canticipates,\u201d \u201cseeks,\u201d \u201cexpects,\u201d \u201cplans,\u201d \u201cshould,\u201d \u201ccould,\u201d \u201cwould,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cbelieves,\u201d \u201cpotential,\u201d \u201cpending\u201d or \u201cproposed\u201d and variations or similar expressions. These statements are based upon the current expectations and beliefs of management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, the risks and uncertainties discussed in Bausch + Lomb\u2019s filings with the U.S. Securities and Exchange Commission and the Canadian Securities Administrators (including the company\u2019s Annual Report on Form 10-K for the year ended Dec. 31, 2024 and its most recent quarterly filings). In addition, certain material factors and assumptions have been applied in making these forward-looking statements, including the assumption that the risks and uncertainties discussed in such filings will not cause actual results or events to differ materially from those described in these forward-looking statements. Readers are cautioned not to place undue reliance on any of these forward-looking statements. These forward-looking statements speak only as of the date hereof. Bausch + Lomb undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this news release or to reflect actual outcomes, unless required by law.\n<\/p>\n<p><i>\u00a9 2025 Bausch + Lomb.<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251212681763r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20251212681763\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20251212681763\/en\/<\/a><\/span><\/p>\n<p><b>Media Contact<\/b>:<br \/>\n<br \/>T.J. Crawford<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:tj.crawford@bausch.com\">tj.crawford@bausch.com<br \/>\n<\/a><br \/>(908) 705-2851<\/p>\n<p><b>Investor Contact<\/b>:<br \/>\n<br \/>George Gadkowski<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:george.gadkowski@bausch.com\">george.gadkowski@bausch.com<br \/>\n<\/a><br \/>(877) 354-3705 (toll free)<br \/>\n<br \/>(908) 927-0735\n<\/p>\n<p><b>KEYWORDS:<\/b> North America Canada<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> General Health Finance Health Professional Services Optical<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20251212681763\/en\/1668940\/3\/Bausch_Lomb_logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Bausch + Lomb Announces Refinancing of Outstanding Term B Loans VAUGHAN, Ontario&#8211;(BUSINESS WIRE)&#8211; Bausch + Lomb Corporation (NYSE\/TSX: BLCO) (\u201cBausch + Lomb\u201d or the \u201ccompany\u201d), a leading global eye health company dedicated to helping people see better to live better, today announced that it allocated a $2,802,125,000 tranche (the \u201cReplacement Term Loans\u201d) of new term B loans, the proceeds of which will be used to refinance all of its outstanding term B loans due 2031 (the \u201cThird Amendment Term Loans\u201d) and its outstanding term B loans due 2028 (the \u201cFirst Incremental Term Loans\u201d). The applicable margin is anticipated to be (i) 3.75% per annum for Replacement Term Loans with an interest rate determined by reference to term SOFR and (ii) &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bausch-lomb-announces-refinancing-of-outstanding-term-b-loans\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Bausch + Lomb Announces Refinancing of Outstanding Term B Loans&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-919407","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bausch + Lomb Announces Refinancing of Outstanding Term B Loans - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bausch-lomb-announces-refinancing-of-outstanding-term-b-loans\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bausch + Lomb Announces Refinancing of Outstanding Term B Loans - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Bausch + Lomb Announces Refinancing of Outstanding Term B Loans VAUGHAN, Ontario&#8211;(BUSINESS WIRE)&#8211; Bausch + Lomb Corporation (NYSE\/TSX: BLCO) (\u201cBausch + Lomb\u201d or the \u201ccompany\u201d), a leading global eye health company dedicated to helping people see better to live better, today announced that it allocated a $2,802,125,000 tranche (the \u201cReplacement Term Loans\u201d) of new term B loans, the proceeds of which will be used to refinance all of its outstanding term B loans due 2031 (the \u201cThird Amendment Term Loans\u201d) and its outstanding term B loans due 2028 (the \u201cFirst Incremental Term Loans\u201d). The applicable margin is anticipated to be (i) 3.75% per annum for Replacement Term Loans with an interest rate determined by reference to term SOFR and (ii) &hellip; Continue reading &quot;Bausch + Lomb Announces Refinancing of Outstanding Term B Loans&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/bausch-lomb-announces-refinancing-of-outstanding-term-b-loans\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-12-12T22:08:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251212681763r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bausch-lomb-announces-refinancing-of-outstanding-term-b-loans\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bausch-lomb-announces-refinancing-of-outstanding-term-b-loans\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Bausch + Lomb Announces Refinancing of Outstanding Term B Loans\",\"datePublished\":\"2025-12-12T22:08:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bausch-lomb-announces-refinancing-of-outstanding-term-b-loans\\\/\"},\"wordCount\":674,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bausch-lomb-announces-refinancing-of-outstanding-term-b-loans\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20251212681763r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bausch-lomb-announces-refinancing-of-outstanding-term-b-loans\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bausch-lomb-announces-refinancing-of-outstanding-term-b-loans\\\/\",\"name\":\"Bausch + Lomb Announces Refinancing of Outstanding Term B Loans - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/bausch-lomb-announces-refinancing-of-outstanding-term-b-loans\/","og_locale":"en_US","og_type":"article","og_title":"Bausch + Lomb Announces Refinancing of Outstanding Term B Loans - Market Newsdesk","og_description":"Bausch + Lomb Announces Refinancing of Outstanding Term B Loans VAUGHAN, Ontario&#8211;(BUSINESS WIRE)&#8211; Bausch + Lomb Corporation (NYSE\/TSX: BLCO) (\u201cBausch + Lomb\u201d or the \u201ccompany\u201d), a leading global eye health company dedicated to helping people see better to live better, today announced that it allocated a $2,802,125,000 tranche (the \u201cReplacement Term Loans\u201d) of new term B loans, the proceeds of which will be used to refinance all of its outstanding term B loans due 2031 (the \u201cThird Amendment Term Loans\u201d) and its outstanding term B loans due 2028 (the \u201cFirst Incremental Term Loans\u201d). The applicable margin is anticipated to be (i) 3.75% per annum for Replacement Term Loans with an interest rate determined by reference to term SOFR and (ii) &hellip; Continue reading \"Bausch + Lomb Announces Refinancing of Outstanding Term B Loans\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/bausch-lomb-announces-refinancing-of-outstanding-term-b-loans\/","og_site_name":"Market Newsdesk","article_published_time":"2025-12-12T22:08:59+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251212681763r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/bausch-lomb-announces-refinancing-of-outstanding-term-b-loans\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/bausch-lomb-announces-refinancing-of-outstanding-term-b-loans\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Bausch + Lomb Announces Refinancing of Outstanding Term B Loans","datePublished":"2025-12-12T22:08:59+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/bausch-lomb-announces-refinancing-of-outstanding-term-b-loans\/"},"wordCount":674,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/bausch-lomb-announces-refinancing-of-outstanding-term-b-loans\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251212681763r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/bausch-lomb-announces-refinancing-of-outstanding-term-b-loans\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/bausch-lomb-announces-refinancing-of-outstanding-term-b-loans\/","name":"Bausch + Lomb Announces Refinancing of Outstanding Term B Loans - 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