Herbalife Completes Major Refinancing to Extend Debt Maturities

Herbalife ( (HLF) ) has shared an announcement.

On April 29, 2026, Herbalife closed a $1.45 billion senior secured refinancing, including an $800 million private offering of 7.750% senior secured notes due 2033 and amendments to its 2024 senior secured credit facility, which was replaced with a new 2026 credit facility. The restructured package comprises a $225 million Term Loan A and a $425 million revolving credit facility, both maturing in April 2031, with interest tied to SOFR plus a leverage-based spread.

The company used proceeds from the new financing, together with revolver borrowings and cash, to repay the $365 million outstanding under its 2024 Term Loan B and to fully redeem its $800 million 12.250% senior secured notes due 2029 at 106.125% of principal, for a total redemption of about $852.8 million. Herbalife stated the refinancing, completed amid market volatility, lowers borrowing costs, is expected to generate roughly $45 million in annual cash interest savings, extends its debt maturity profile, and imposes leverage and coverage covenants that may support a stronger balance sheet and added financial flexibility for stakeholders.

The most recent analyst rating on (HLF) stock is a Buy with a $25.00 price target. To see the full list of analyst forecasts on Herbalife stock, see the HLF Stock Forecast page.

Spark’s Take on HLF Stock

According to Spark, TipRanks’ AI Analyst, HLF is a Neutral.

The score is held back primarily by balance-sheet risk (persistent negative equity) and uneven operating profitability, even as cash generation remains solid. Offsetting these concerns are improving growth/margin commentary and debt-reduction progress from the earnings call and recent refinancing events, plus supportive price trend and a low P/E valuation.

To see Spark’s full report on HLF stock, click here.

More about Herbalife

Herbalife Ltd., listed on the NYSE under ticker HLF, is a premier health and wellness company that sells science-backed nutrition products through a network of independent entrepreneurial distributors. Operating in more than 90 markets, it focuses on one-on-one coaching and community-based programs to promote healthier, more active lifestyles around the world.

Founded in 1980, the company combines a direct-selling model with a global platform that offers both consumer nutrition solutions and a business opportunity for its distributors. Herbalife positions itself as a community and platform in the wellness sector, targeting consumers seeking personalized support while maintaining a broad international footprint in the nutrition industry.

Average Trading Volume: 1,478,389

Technical Sentiment Signal: Buy

Current Market Cap: $1.72B

For an in-depth examination of HLF stock, go to TipRanks’ Overview page.