Fri 02/16/2024 12:32 PM
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Relevant Items:
Herbalife Covenants Tear Sheet, Debt Documents Summaries
Herbalife Covenants Debt Documents
Herbalife’s 10-K

This week, Herbalife released financial results for fiscal year 2023, including adjusted EBITDA of $108.8 million in the fourth quarter and $570.6 million for the LTM period.

On the company’s quarterly earnings call, management stated that Herbalife ended FY 2023 with a gross leverage ratio of 3.9x and that it remains focused on reducing leverage to an...
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