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General Nutrition Centers announces $150 million offering of six-year notes
By Paul A. Harris
St. Louis, Jan. 6 - General Nutrition Centers, Inc. plans to sell $150 million of six-year senior notes, the company said in a news release Thursday.
The notes will be sold via Rule 144A and Regulation S.
Proceeds, together with cash on hand, will be used to refinance in part the company's senior term loan facility.
No syndicate names or timing were disclosed in the news release, and the company did not immediately return a telephone call from Prospect News.
The prospective issuer is a Pittsburgh-based nutritional supplements retail chain operator.
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