Olaplex Holdings, Inc. announced on May 1, 2025, that it voluntarily repaid $300.0 million of its outstanding long-term debt. This repayment was executed without incurring any prepayment penalties or fees, utilizing available cash on hand.
This strategic financial move significantly reduces the company's overall debt burden. As of March 31, 2025, prior to this repayment, Olaplex had $642.4 million in long-term debt, net of current portion and deferred debt issuance costs.
The debt reduction enhances Olaplex's financial flexibility and strengthens its balance sheet. This action supports the company's ongoing transformation efforts and its ability to fund strategic investments for future growth.
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