July 23, 2024


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Sally Beauty Holdings Completes Full Repayment of its $300 Million 8.75% Senior Secured Notes


DENTON, Texas–(Business enterprise WIRE)–Sally Attractiveness Holdings, Inc. (NYSE: SBH) (“the Company”), the chief in qualified hair color, nowadays declared that it has thoroughly repaid the exceptional harmony of $300 million on its 8.75% senior secured notes owing 2025. The payment was funded by a blend of extra money and roughly $150 million borrowed less than the Company’s ABL credit score facility.

“The senior notes have been issued in April 2020 when our shops ended up temporarily closed at the starting of the pandemic. These notes just lately became callable and were being no for a longer time required in our money framework,” said Marlo Cormier, main monetary officer. “We have built good development on our stability sheet and leverage ratio about the last two years. Like this debt reimbursement, we have paid down in excess of $1 billion in personal debt because September 2020.”

About Sally Magnificence Holdings, Inc.

Sally Beauty Holdings, Inc. (NYSE: SBH), as the chief in expert hair colour, sells and distributes expert elegance supplies globally by its Sally Magnificence Source and Magnificence Methods Group firms. Sally Splendor Provide shops give up to 7,000 goods for hair color, hair treatment, nails, and pores and skin treatment by means of proprietary brand names this sort of as Ion®, Generic Benefit Products®, Over and above the Zone® and Silk Elements® as very well as expert strains these kinds of as Wella®, Clairol®, OPI®, Conair® and L’Oreal®. Attractiveness Programs Team retailers, branded as CosmoProf® or Armstrong McCall® stores, together with its exterior sales consultants, offer up to 10,000 skillfully branded items including Paul Mitchell®, Wella®, Matrix®, Schwarzkopf®, Kenra®, Goldwell®, Joico® and Olaplex®, intended for use in salons and for resale by salons to retail shoppers. For extra information about Sally Splendor Holdings, Inc., you should pay a visit to https://www.sallybeautyholdings.com/.

Cautionary Recognize Concerning Forward-On the lookout Statements

Statements in this information release and the schedules hereto which are not purely historical information or which count on upcoming gatherings may possibly be forward-looking statements within just the meaning of Segment 27A of the Securities Act of 1933, as amended, and Segment 21E of the Securities Trade Act of 1934, as amended. Forward-on the lookout statements, as that phrase is defined in the Personal Securities Litigation Reform Act of 1995, can be determined by the use of forward-seeking terminology these types of as “believes,” “projects,” “expects,” “can,” “may,” “estimates,” “should,” “plans,” “targets,” “intends,” “could,” “will,” “would,” “anticipates,” “potential,” “confident,” “optimistic,” or the detrimental thereof, or other variations thereon, or equivalent terminology, or by discussions of strategy, targets, estimates, guidance, expectations and long run designs. Forward-wanting statements can also be determined by the fact that these statements do not relate strictly to historic or present-day matters.

Viewers are cautioned not to location undue reliance on ahead-looking statements as these types of statements converse only as of the date they were being built. Any forward-hunting statements include threats and uncertainties that could bring about genuine situations or outcomes to differ materially from the gatherings or final results described in the forward-hunting statements, including, but not restricted to, the hazards and uncertainties relevant to COVID-19 and those explained in our filings with the Securities and Exchange Commission, such as our Annual Report on Variety 10-K for the yr ended September 30, 2021. For that reason, all ahead-seeking statements in this launch are qualified by the aspects, dangers and uncertainties contained therein. We presume no obligation to publicly update or revise any ahead-seeking statements.


Jeff Harkins

Investor Relations


[email protected]

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