Herbalife prices upsized $800M senior secured notes at 12.25% due 2029

HERBALIFE LTD.

Offering upsized from $700M to $800M aggregate principal amount; priced at 97.298% of par.
Fixed annual interest rate of 12.25%, paid semi-annually on April 15 and October 15.
Net proceeds to repay borrowings under senior secured credit facility and a portion of 7.875% Senior Notes due 2025.
Expected close on April 12, 2024, subject to customary conditions.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.