Company: BLCO
Filing Date: 2025-06-27
Form Type: 8-K
Source: 0001193125-25-149726
Chunk: 2

Company: Bausch & Lomb Corp
Filing Date: 2025-06-27
Form: 8-K
Item: Item 1.01
Chunk 2
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100% of the principal amount thereof, plus accrued and unpaid interest to, but not including, the date of redemption, plus a “make-whole” premium. Prior to June 30, 2026, the Issuers may redeem up to 40% of the aggregate principal amount of the Notes using the net cash proceeds of certain equity offerings at the redemption price set forth in the Indenture.

Upon the occurrence of a change of control (as defined in the Indenture), unless the Issuers have exercised their right to redeem all of the Notes, as described above, holders of the Notes may require the Issuers to repurchase such holder’s Notes, in whole or in part, at a purchase price equal to 101% of the principal amount of such Notes, plus accrued and unpaid interest to, but excluding, the purchase date applicable to such Notes.

Certain Covenants

The Indenture contains covenants that limit the ability of the Company and any of its Restricted Subsidiaries (as such term is defined in the Indenture) to, among other things:

  incur or guarantee additional indebtedness;  

  make certain investments and other restricted payments;  

  create liens;  

  enter into transactions with affiliates;  

  engage in mergers, consolidations or amalgamations; and  

  transfer and sell assets.  

Events of Default

The Indenture also provides for customary events of default.

The foregoing summary of the Indenture is not complete and is qualified in its entirety by reference to the full text of the Indenture, a copy of which is attached as Exhibit 4.1 to this Current Report on Form8-Kand incorporated herein by reference.

Third Amendment

On June 26, 2025, the Company entered into an amendment (the “ Third Amendment”) to the credit and guaranty agreement, dated as of May 10, 2022 (as amended by the First Incremental Amendment, dated as of September 29, 2023, by the Second Incremental Amendment, dated as of November 1, 2024, and as further amended, restated, supplemented or otherwise modified, refinanced or replaced from time to time, the “ Credit Agreement”), by and among the Company, certain subsidiaries of the Company as subsidiary guarantors, the lenders and other persons party thereto, JPMorgan Chase Bank, N. A., as administrative agent, Citibank, N. A. as resigning collateral agent and