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Stock impact report

Sally Beauty Commences Tender Offers for Senior Notes

Sally Beauty Holdings, Inc. (Name to be changed from Sally Holdings, Inc.) (SBH) 
Last sally beauty holdings, inc. (name to be changed from sally holdings, inc.) earnings: 2/6 06:45 am Check Earnings Report
Company Research Source: Business Wire
DENTON, Texas--(BUSINESS WIRE)-- Sally Beauty Holdings, Inc. (NYSE: SBH) announced today that its indirect wholly-owned subsidiaries Sally Holdings LLC and Sally Capital Inc. (collectively, “Sally Beauty”) have commenced cash tender offers (the “Tender Offers”) to purchase up to $100,000,000 in aggregate purchase price (as it may be increased by Sally Beauty, the “Tender Cap”) of their outstanding 5.625 percent Senior Notes due 2025 and 5.500 percent Senior Notes due 2023 (collectively, the “Notes”). The terms and conditions of the Tender Offers are described in an Offer to Purchase, dated February 19, 2019 (the “Offer to Purchase”). Sally Beauty intends to fund the Tender Offers with cash on hand and borrowings under its asset-based revolving credit facility. The following table sets forth certain terms of the Tender Offers:     Show less Read more
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