debt
confidence high
sentiment neutral
materiality 0.30
Herbalife redeems $50M of 7.875% Senior Notes due 2025 at par on June 30
HERBALIFE LTD.
- Redeeming $50 million aggregate principal of 7.875% Senior Notes due 2025 at par.
- Redemption date is June 30, 2025; price $1,000 per $1K principal plus accrued interest.
- Issuers: Herbalife Ltd. and wholly-owned subsidiary HLF Financing, Inc.
- Reduction in outstanding debt lowers future interest expense.
item 8.01