Herbalife Plans $1.55B Debt Refinance to Extend Maturities

Herbalife Ltd. (NYSE:HLF), a premier health and wellness company, community and platform, today announced plans to refinance its senior secured debt. The Company is targeting $1.55 billion of secured financing, which is expected to include a $425 million revolving credit facility, a $125 million Term Loan A, a $500 million Term Loan B and $500 million of other secured debt. The refinancing is also expected to extend the maturity profile of the senior secured debt.

Today, the Company initiated the refinancing process for its Term Loan B, which matures in April 2029. As of December 31, 2025, $370.0 million was outstanding under the Term Loan B.

The terms of the proposed refinancing transactions will be disclosed upon any completion of the transactions. The proposed refinancings will be subject to customary closing conditions and there can be no assurance that the allocations among the debt instruments will not change, or that any of the refinancings will occur successfully, or at all.