Bath & Body Works Inc was founded in 1990 in New Albany, Ohio, with the purpose of providing high-quality body care and home fragrance products that enhance personal well-being. The company is renowned for its signature scented products, including lotions, shower gels, candles, and home fragrances, making it a prominent player in the specialty retail sector.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Bath & Body Works began issuing bonds as part of its capital raising strategy to support growth initiatives and enhance liquidity. Notably, in 2020, the company issued a $1 billion bond to refinance existing debt and fund expansion projects, with a yield that was competitive within the retail industry. The company's current bond offerings, which include senior unsecured notes, reflect strong investor interest, highlighting its operational resilience and strategic focus on innovation amidst market fluctuations.