LR Health & Beauty SE initiates a Written Procedure under its outstanding 2024/2028 Bonds

EQS-News: LR Health & Beauty SE / Key word(s): Bond LR Health & Beauty SE initiates a Written Procedure under its outstanding 2024/2028 Bonds  14.11.2025 / 15:46 CET/CEST The issuer is solely responsible for the content of this announcement. LR Health & Beauty SE initiates a Written Procedure under its outstanding 2024/2028 Bonds

Ahlen, 14 November 2025 – LR Health & Beauty SE (the “Company”) announced on 20 October 2025 that the board of the Company identified an expected breach of the leverage covenant requiring the Company to maintain a ratio of net debt to EBITDA of 4.50:1 as at 30 September 2025 (the “Leverage Covenant”) under the terms and conditions (the “Terms and Conditions”) of the 2024/2028 bonds (ISIN: NO0013149658) (the “Bonds”). 

Today, the board of the Company decided to initiate a written procedure (the “Written Procedure”) among the holders of the Bonds (the “Bondholders”) in accordance with the Terms and Conditions.

For the period up to and including 28 February 2026, the Bondholders shall consent to temporarily waive any breach and/or event of default resulting from any (i) non-compliance with the maintenance test (including any potential breach of the Leverage Covenant), and (ii) postponement of interest payments under the Bonds due in November 2025 and February 2026 until such later date as will be set out in a restructuring proposal, provided that such date is approved by the Bondholders. A notice of the Written Procedure, including voting instructions, has today been sent by the agent under the Terms and Conditions to the direct registered owners and registered authorised nominees of the Bonds.

The last day for voting in the Written Procedure is 28 November 2025 and the voting record date is 17 November 2025. The Written Procedure may however be terminated before the expiry of the time period for replies if a requisite majority has been obtained.

The notice of the Written Procedure and further details are accessible on the Company’s website at https://ir.lrworld.com/en/bond/.


LR Group

Under the motto “More quality for your life”, the LR Group – headquartered in the town of Ahlen/Westphalia – successfully produces and distributes various high-quality nutritional supplements and cosmetic products in 32 countries. As an attractive Social Commerce Company, LR supports the personal exchange in its community with efficient, digital solutions. The holistic tool “LR neo” offers the international partnership all business-relevant key figures and information for their LR business in one dashboard.