Sally Beauty to pay down revolving credit facility via notes offering

By Tali David

Minneapolis, Oct. 24 - Sally Holdings LLC subsidiary Sally Beauty Holdings, Inc. plans to repay in full the outstanding borrowings under its senior secured revolving credit facility with the proceeds from a senior notes offering, according to a press release.

The remainder of the net proceeds from the offering will be used for general corporate purposes.

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

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