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Published on 4/29/2022 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Sally Beauty calls all $300 million 8¾% second-lien notes due 2025

By Wendy Van Sickle

Columbus, Ohio, April 29 – Sally Beauty Holdings, Inc. announced that its wholly owned subsidiaries, Sally Holdings LLC and Sally Capital Inc., issued a notice of redemption for all $300 million outstanding of their 8¾% senior secured second-lien notes due 2025, according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed at 104.375 plus accrued interest on May 31.

Sally Beauty is a Denton, Tex.-based specialty retailer and distributor of professional beauty supplies.


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