10:00 AM EDT, 07/28/2025 (MT Newswires) -- Bausch Health ( BHC ) said Monday it plans to reduce debt by more than $900 million through note redemption and repayment of amounts under a receivables financing facility.

The company said its subsidiary, Bausch Health Americas, intends to redeem on Aug. 28 about $602 million of its outstanding 9.25% senior notes due 2026 using cash on hand.

Another subsidiary, Bausch Receivables Funding, plans to repay all of the $300 million outstanding amount under its receivables financing facility and to terminate the facility and all of its related agreements, the company said.

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