Tuesday, December 17, 2019
12:34 PM EST – Bausch Health Companies Inc. : Has launched an offering of a combined $1,250,000,000 aggregate principal amount of new senior notes due 2028 and new senior notes due 2030. Bausch Health intends to use the proceeds from the offering of the Notes to finance amounts owed under the Company’s recently announced $1.21 billion settlement agreement relating to the U.S. putative securities class litigation filed in the U.S. District Court for the District of New Jersey (which is subject to court approval) and to pay transaction fees and expenses, with any remaining proceeds going to cash on the balance sheet for general corporate purposes. Bausch Health Companies Inc. (T.BHC) shares were down $0.60 at 39.29.
Stocks in Play: Bausch Health Companies Inc., Tue, 17 Dec 2019 12:42:58 EST