Herbalife Announces Proposed Offering of $700 Million Aggregate Principal Amount of Senior Secured Notes

LOS ANGELES--(BUSINESS WIRE)--Herbalife Ltd. (NYSE: HLF) (the “Company”), a global health and wellness company, today announced that HLF Financing SaRL, LLC and Herbalife International, Inc., each a wholly owned subsidiary of the Company, intend, subject to market and other conditions, to offer $700 million aggregate principal amount of senior secured notes due 2029 (the “Notes”). The Company expects to use the net proceeds from the offering to repay indebtedness, including borrowings outstandi