Bausch Health Responds To Market Rumors; Says "The Article Contains Unsubstantiated Rumors, Including That The Company Is Considering A Bankruptcy Or Insolvency Proceeding Of Any Kind - It Is Not."
Bausch Health Companies Inc. (NYSE:BHC)(TSX:BHC) (the "Company") has become aware of a news article issued by Reorg® today, citing unnamed sources.
The article contains unsubstantiated rumors, including that the Company is considering a bankruptcy or insolvency proceeding of any kind - it is not.
We understand that Reorg® has subsequently issued an update to its original news article to clarify that the Company has not been involved in discussions with its creditors regarding bankruptcy proceedings.
The Company's policy is not to provide further comment on speculation.