Bath & Body Works redeems all outstanding 9.375% Senior Notes due 2025 on Jan 30

Bath & Body Works, Inc.

Notice of redemption for any and all outstanding 9.375% Senior Notes due 2025.
Redemption date: January 30, 2025; redemption price at greater of 100% principal or Treasury rate plus 50 bps plus accrued interest.
Retiring high-yield debt; likely reduces interest expense and improves balance sheet.

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