{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-301866","form_type":"8-K","ticker":"HLF","cik":"0001180262","company_name":"HERBALIFE LTD.","filed_at":"2022-12-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.845106+00:00","generated_at":"2026-06-21T06:40:16.129580+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Herbalife issues $250M 4.25% convertible senior notes due 2028","bullets":["Issued $250M principal of 4.25% Convertible Senior Notes due June 15, 2028; net proceeds ~$243.5M.","Initial conversion rate: 58.8998 shares per $1,000 principal (~$16.98 per share).","Initial purchasers have option to buy an additional $37.5M principal within 13 days.","Notes are redeemable at company's option on or after June 15, 2026 if stock price exceeds 130% of conversion price.","Interest payable semiannually on June 15 and December 15, starting June 15, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-301866","json":"https://secwatch.observer/filing/0001193125-22-301866.json","markdown":"https://secwatch.observer/filing/0001193125-22-301866.md","text":"https://secwatch.observer/filing/0001193125-22-301866.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1180262/000119312522301866/0001193125-22-301866-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1180262/000119312522301866/d431977d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T06:40:16.129580+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"aeffebb3d5450f2a0533973d5da1b00cd6e433b1","claim":"HERBALIFE LTD. incurred convertible notes of $250.0 million with Initial Purchasers at 4.25% maturing June 15, 2028.","evidence_excerpt":"On December 9, 2022, Herbalife Nutrition Ltd. (the “Company”) issued and sold $250.0 million aggregate principal amount of its 4.25% Convertible Senior Notes due 2028 (the “Notes”) to certain initial purchasers","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1180262/000119312522301866/0001193125-22-301866-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$250.0 million"},{"label":"Counterparty","value":"Initial Purchasers"},{"label":"Rate","value":"4.25%"},{"label":"Maturity","value":"June 15, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}