Herbalife Nutrition Limited has announced the closure of the aggregate principal amount of 600 Million Dollars due in 2029.
HLF Financial SRL, LLC and Herbalife International already announced these notes previously.
These notes have a fixed annual interest rate of 4.875%, which will be paid half-yearly on June 1 and December 1, 2021, of each year, starting December 1, 2021.
It works to redeem money from the offer all outstanding. 25% of the outstanding senior notes by 2026, to fund general corporate activities (such as share redefining and capital investment projects) and to pay related fees and expenses.
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