Herbalife Nutrition Ltd. announced HLF Financing SaRL, LLC and Herbalife International, Inc. intend to offer $500 million aggregate principal of senior notes, which are due 2029, in a private offering to buyers which qualify pursuant to Rule 144A under the Securities Act of 1933.
Net proceeds from this offering will redeem all outstanding 7.25% senior notes due 2026, for general corporate purposes, including share repurchases, capital investment projects and the paying of related fees and expenses.