The offering of senior secured notes by Herbalife is likely to be viewed positively by investors as it demonstrates proactive management of the company's debt profile and financial health. By repaying existing indebtedness, including borrowings under its senior secured credit facility and a portion of its 7.875% Senior Notes due 2025, Herbalife is effectively reducing its interest expenses and potentially improving its balance sheet. This could lead to improved investor confidence and a positive short-term impact on the stock price.