Company: SBH
Filing Date: 2025-11-13
Form Type: 10-K
Source: 0001193125-25-280122
Chunk: 66

Company: Sally Beauty Holdings, Inc.
Filing Date: 2025-11-13
Form: 10-K
Item: Item 6
Chunk 66
---
         127

         Less: unamortized debt issuance costs    and discount, net

         9,026

         11,745

         Total debt
          
         $
         865,974

         $
         982,382

         Less: current maturities

         4,000

         4,127

         Total long-term debt
          
         $
         861,974

         $
         978,255

       Maturities of our debt, excluding our ABL facility, are as follows at September 30, 2025 (in thousands):

         Fiscal Year:

         2026
          
         $
         4,000

         2027

         4,000

         2028

         4,000

         2029

         4,000

         2030

         259,000

         Thereafter

         600,000

         Total
          
         $
         875,000

F-22

Sally Beauty Holdings, Inc. and SubsidiariesNotes to Consolidated Financial StatementsFiscal Years ended September 30, 2025, 2024, and 2023 

Term Loan BIn fiscal year 2023, we entered into a credit agreement for a term loan B due 2030 (“TLB 2030”) in an aggregate principal amount equal to $400.0 million, the net proceeds of which were used to repay our term loan B due 2024 (“TLB 2024”). The TLB 2030 bears interest at a floating rate equal to, at our option, either the Adjusted Term SOFR Rate plus 1.75% or an adjusted base rate plus 0.75%, see below for additional information. Interest on the TLB 2030 is payable quarterly on March 31, June 30, September 30 and December 31 of each year. The TLB 2030 matures on February 28, 2030 (the “Maturity Date”), but may be prepaid without penalty or premium, other than customary breakage costs for prepayments that are made prior to the last date of an interest period. The principal of the TLB 2030 is repayable in quarterly installments equal to 0.25% of the original principal amount of the TLB 2030, with a final installment equal to the entire remaining outstanding principal amount due on the