debt
confidence high
sentiment neutral
materiality 0.75
Herbalife announces $700M senior secured notes offering due 2029 to refinance debt
HERBALIFE LTD.
- HLF Financing SaRL, LLC and Herbalife International, Inc. to offer $700M senior secured notes due 2029.
- Proceeds to repay borrowings under existing credit facility and part of 7.875% Senior Notes due 2025.
- Notes offered in private placement under Rule 144A and Regulation S; not registered under Securities Act.