Financing ·
Bath & Body Works issues notice to redeem all outstanding 6.694% Senior Notes due 2027 at a price of 100% of principal plus accrued interest
BBWIBath & Body Works, Inc.
Bath & Body Works has issued a notice to redeem all outstanding 6.694% Senior Notes due 2027, with a scheduled redemption date of April 10, 2026. The redemption price will be the greater of 100% of the principal or the present value of remaining scheduled payments plus accrued interest. This early repayment indicates proactive debt management and may allow the company to optimize its capital structure and interest expenses.