Sally Beauty Holdings’s Tender Offers up to $100 Million


Cahill represented the dealer manager in connection with tender offers for up to $100,000,000 in aggregate purchase price of the outstanding 5.625% senior notes due 2025 and 5.500% senior notes due 2023 of Sally Holdings, LLC and Sally Capital Inc., two indirect wholly-owned subsidiaries of Sally Beauty Holdings, Inc.

BofA Merrill Lynch acted as dealer manager for the Tender Offers.

Sally Beauty Holdings, Inc. is one of the largest distributors of professional beauty supplies in the U.S. based on store count.

Cahill represented the dealer manager with a team including Michael J. Ohler (Picture), Andrea Abarca and Justin Zeizel.

Involved fees earner: Andrea Abarca – Cahill Gordon & Reindel; Michael Ohler – Cahill Gordon & Reindel; Justin Zeizel – Cahill Gordon & Reindel;

Law Firms: Cahill Gordon & Reindel;

Clients: Bank of America Merrill Lynch;

Author: Ambrogio Visconti