secwatch.observer — SEC 8-K summary
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Issuer:     HERBALIFE LTD. (HLF)
CIK:        0001180262
Form:       8-K
Filed at:   2022-12-05T23:59:59+00:00
Accession:  0001193125-22-298436
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Herbalife announces $250M convertible senior notes offering due 2028
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- Offering of $250M aggregate principal amount of convertible senior notes due 2028, plus option for initial purchasers to buy up to $37.5M additional.
- Proceeds used to repurchase a portion of existing 2.625% convertible notes due 2024 and for general corporate purposes.
- Notes will be senior unsecured obligations, settle in cash and common shares upon conversion, pay semiannual interest.
- Maturity date June 15, 2028; redeemable at Company's option on or after June 15, 2026 under certain conditions.
- Offering is private under Rule 144A; notes and conversion shares not registered under Securities Act.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1180262/000119312522298436/0001193125-22-298436-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1180262/000119312522298436/d424734d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-298436

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