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Monday, July 29, 2019

Bausch Health to pay down another $100M of debt

Bausch Health Companies (NYSE:BHCannounces that it plans to pay down an additional $100M of its outstanding secured term loans this week from cash generated from operations.
After the payment, it will have satisfied all mandatory amortization through Q2 2020.
Shares are up 2% premarket on light volume, stoked, in part, by the Mylan/Pfizer deal.

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