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Bausch Health to redeem ~$602M of outstanding notes due 2026
Bausch Health Companies Inc. announced its intention to redeem approximately $602 million of its outstanding 6.25% Senior Secured Notes due 2026. The redemption will take place on April 8, 2024, at a price of 100% of the principal amount plus accrued and unpaid interest. The company plans to fund this redemption using proceeds from its recent offering of 11.000% senior secured notes due 2029.