LR Health & Beauty SE Gains Major Bondholder Support for Temporary Waivers

On November 25, 2025, LR Health & Beauty SE announced that it has received significant backing from bondholders for temporary waivers related to its 2024/2028 bonds. Approximately 69.57% of bondholders are in favor. These waivers involve postponing interest payments and non-compliance with the maintenance test, including the leverage covenant, until February 28, 2026.

The decision follows a Written Procedure initiated by the company on November 14, 2025. The process requires a minimum quorum of 50% participation and a two-thirds majority for approval. Voting concludes on November 28, 2025, at 15:00 CET. Further details are available on the company's website.