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Herbalife Nutrition Prices Upsized Senior Note Offering

05/07/2021 12:40

04:24 PM EDT, 05/07/2021 (MT Newswires) -- Herbalife Nutrition (HLF) said Friday it priced an offering of $600 million in 4.875% senior notes due 2029, up from the previously announced $500 million.

The notes are being offered by the company's subsidiaries HLF Financing and Herbalife International.

The offering is expected to close May 20.

Net proceeds will be used to redeem all outstanding 7.250% senior notes due 2026 and for general corporate purposes.

Price: 50.00, Change: -0.16, Percent Change: -0.32