Bausch Health (BHC) stock jumps 8.5% after director buys shares and subsidiaries raise $3 billion.
From Yahoo Finance: 2025-06-14 09:07:00
Bausch Health Companies Inc. (NYSE:BHC) saw a six-day winning streak, with shares jumping 8.53% to $5.98 after director John Paulson acquired $15 million worth of shares. The company’s subsidiaries plan to raise over $3 billion through a loan facility and credit facility.
The acquisition by Paulson sparked investor interest, leading to increased trading of Bausch Health (BHC) shares. The company’s subsidiaries, including Bausch + Lomb Corporation, are raising funds through various offerings to support refinancing and general corporate purposes.
Funds from the fundraising program will go towards paying off existing debts, refinancing loans, and covering general corporate expenses. While BHC shows potential as an investment, some believe AI stocks offer higher returns with limited risk. Check out our report on the best short-term AI stock for more information.
Read more: Bausch Health (BHC) Jumps 8.5% as Exec Hikes Stake; Subsidiaries Raise Over $3-Billion Fresh Funds