Herbalife to start roadshow Wednesday for $275 million seven-year deal via UBS

By Paul A. Harris

St. Louis, Feb. 23 - WH Holdings and WH Capital Corp. (Herbalife) will start a roadshow Wednesday for a $275 million offering of seven-year senior notes (B3/B), according to an informed source.

The roadshow will run through March 3 with pricing expected on March 3 or March 4.

UBS Investment Bank will run the books on the Rule 144A offering.

The notes will come with four years of call protection.

Proceeds will be used to refinance the capital structure of WH Holdings.

The Century City, Calif.-based company is a marketer of weight management and nutrition products.

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