Bausch readies debt maneuvers ahead of sizable maturities
- Rachel Butt
- +Max Frumes
Bausch Health is gearing up for a liability management transaction in the coming months in a bid to bring down leverage, according to 9fin sources.
The company has been sounding out interest from its existing creditors on a potential deal ahead of massive debt walls, sources said. It will likely seek a large holder to anchor an exchange offer, a source said.