GNC looks to amend some covenants under its credit facility

By Sara Rosenberg

New York, Dec. 8 - General Nutrition Centers Inc. is looking to amend its senior credit facility "to modify or eliminate certain restrictive covenants," according to a company news release.

Lehman is the administrative agent on the loan.

The company is seeking the amendment now due to favorable market conditions.

No other details on the amendment proposal are being made public at this time, a market source said.

GNC is a Pittsburgh-based specialty retailer of nutritional supplements.

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