Short answer
HERBALIFE LTD. (HLF) filed an 8-K current report with the SEC on April 16, 2026 reporting Item 8.01 (Other Events), Item EX-99.1 (Exhibit EX-99.1). $800 million senior secured notes issued at 7.750% interest, due 2033.
HERBALIFE LTD. 8-K event analysis
AI summary of each reported item and its exhibits
Item 8.01 · Other Events
- $800 million senior secured notes issued at 7.750% interest, due 2033
- Debt proceeds raised through HLF Financing SaRL and Herbalife International, both wholly owned subsidiaries
- Private Rule 144A and Regulation S offering, limiting initial distribution to institutional and non-U.S. investors
- New secured borrowing increases long-term obligations and interest expense through 2033
Item EX-99.1 · Exhibit EX-99.1
- $800M senior secured notes priced at par, maturing 2033
- 7.750% fixed coupon, with semiannual payments beginning November 1, 2026
- Refinancing proceeds target existing credit-facility borrowings and 12.250% notes due 2029
- Potential interest-cost reduction versus the 12.250% debt, subject to refinancing execution
- Closing expected April 29, 2026, subject to customary conditions
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