Bath & body works, inc. announces early tender results of its cash tender offers

Columbus, ohio, sept. 02, 2021 (globe newswire) -- bath & body works, inc. (“bath & body works” or the “company”) (nyse: bbwi) announced today that it has accepted $450.1 million in aggregate principal amount of notes (as defined below) for early settlement in its previously announced tender offers (the “tender offers”) to purchase for cash its outstanding (i) 5.625% senior notes due 2023 (the “2023 notes”), (ii) 9.375% senior notes due 2025 (the “2025 notes”) and (iii) 6.694% senior notes due 2027 (the “2027 notes” and, together with the 2023 notes and the 2025 notes, the “notes”) up to a maximum aggregate principal amount of notes of $500.0 million (the “maximum aggregate amount”). the tender offers are subject to the sub-cap (as defined below), the order of priority and proration provisions set forth in the offer to purchase described below.
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