GNC Proposes Senior Secured Notes Offering

11/8/17

GNC Holdings, Inc. (NYSE: GNC), a leading global specialty health, wellness and performance retailer, today announced that its wholly-owned subsidiary, General Nutrition Centers, Inc. intends to offer, subject to market conditions and other considerations, senior secured notes due 2022 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act. The Notes will be guaranteed on a senior secured basis by the Issuer's parent company, GNC Corporation, and by certain of the Issuer's direct and indirect subsidiaries that are borrowers or guarantors under a new senior secured term loan facility and new senior secured asset-based revolving credit facility.

About Us

GNC Holdings, Inc. (NYSE: GNC) – headquartered in Pittsburgh, PA – is a leading global specialty health, wellness and performance retailer.

GNC connects customers to their best selves by offering a premium assortment of heath, wellness and performance products, including protein, performance supplements, weight management supplements, vitamins, herbs and greens, wellness supplements, health and beauty, food and drink and other general merchandise. This assortment features proprietary GNC and nationally recognized third-party brands.

GNC's diversified, multi?channel business model generates revenue from product sales through company?owned retail stores, domestic and international franchise activities, third-party contract manufacturing, e–commerce and corporate partnerships. As of September 30, 2017, GNC had approximately 9,000 locations, of which approximately 6,800 retail locations are in the United States(including approximately 2,400 Rite Aid franchise store–within–a–store locations) and franchise operations in approximately 50 countries.

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