Bausch health and bausch + lomb corporation announce closing of initial public offering of bausch + lomb and related debt transactions

Laval, qc and vaughan, on , may 10, 2022 /prnewswire/ -- bausch + lomb corporation (nyse/tsx: blco) ("bausch + lomb") and bausch health companies inc. (nyse/tsx: bhc) ("bausch health") today announced the closing of the initial public offering ("ipo") of bausch + lomb. a wholly owned subsidiary of bausch health (the "selling shareholder") sold 35,000,000 common shares at a public offering price of $18.00 per share for aggregate gross proceeds of $630 million, before deducting underwriting commissions and estimated offering expenses.
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