---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-048064"
form_type: "8-K"
ticker: "SBH"
cik: "0001368458"
company_name: "Sally Beauty Holdings, Inc."
filed_at: "2024-02-27T23:59:59+00:00"
generated_at: "2026-06-05T11:15:59.185108+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Sally Beauty issues $600M 6.75% senior notes due 2032 to refinance 2025 notes

## Summary
- Issued $600M aggregate principal of 6.75% Senior Notes due March 1, 2032 via underwritten public offering.
- Net proceeds plus borrowings and cash will redeem all $679.96M of outstanding 5.625% senior notes due 2025.
- Interest payable semiannually on March 1 and September 1, beginning September 1, 2024.
- Callable at 103.375% from March 2027, declining to par from March 2029; make-whole provision before March 2027.
- Indenture includes customary covenants limiting indebtedness, dividends, liens, and transactions with affiliates.

## SEC filing metadata
- accession: 0001193125-24-048064
- form_type: 8-K
- ticker: SBH
- cik: 0001368458
- company_name: Sally Beauty Holdings, Inc.
- filed_at: 2024-02-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1368458/000119312524048064/0001193125-24-048064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1368458/000119312524048064/d786952d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-048064
- JSON: https://secwatch.observer/filing/0001193125-24-048064.json
- Plain text: https://secwatch.observer/filing/0001193125-24-048064.txt

## Key facts
- Debt Financings
  Sally Beauty Holdings, Inc. incurred senior notes of $600,000,000 aggregate principal amount at 6.75% maturing March 1, 2032.
  - Instrument: senior notes
  - Principal: $600,000,000 aggregate principal amount
  - Rate: 6.75%
  - Maturity: March 1, 2032
  - Event: incurrence
  source text: On February 27, 2024, Sally Holdings LLC (“Holdings”) and Sally Capital Inc. (together with Holdings, the “Issuers”), both subsidiaries of Sally Beauty Holdings, Inc. (the “Company”), completed the issuance and sale of $600,000,000 aggregate principal amount of the Issuers’ 6.75% Senior Notes due 2032 (the “Notes”) in a previously announced registered public offering.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1368458/000119312524048064/0001193125-24-048064-index.htm
- Material Agreements
  Sally Beauty Holdings, Inc. entered into Fifth Supplemental Indenture with Computershare Trust Company, N.A. valued at $600,000,000 aggregate principal amount (effective 2024-02-27).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Computershare Trust Company, N.A.
  - Value: $600,000,000 aggregate principal amount
  - Effective: 2024-02-27
  source text: On February 27, 2024, Sally Holdings LLC (“Holdings”) and Sally Capital Inc. (together with Holdings, the “Issuers”), both subsidiaries of Sally Beauty Holdings, Inc. (the “Company”), completed the issuance and sale of $600,000,000 aggregate principal amount of the Issuers’ 6.75% Senior Notes due 2032 (the “Notes”) in a previously announced registered public offering.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1368458/000119312524048064/0001193125-24-048064-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.