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Herbalife Proposes Offering Of $500 Million Aggregate Principal Of Senior Notes

HLF Financing SaRL, LLC and Herbalife International, Inc. have reported that they would pay $500 million in aggregate principal of senior notes due 2029 in a private sale to qualified buyers under Rule 144A the Securities Act of 1933.

The net proceeds will be used to redeem all outstanding 7.25 percent senior notes due 2026 and for general corporate purposes, such as equity repurchases, capital improvement ventures, and associated fees and expenses.

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