MLM Company Hebalife Completes Debt Refinancing

Herbalife Ltd., a holding company of Herbalife International, MLM company and maker of weight control programs, said Friday it refinanced an existing $225 million senior secured credit line and will take a one-time charge related to the refinancing.

The company said it closed on a $300 million senior secured credit facility, which consists of a $200 million, seven-year loan and a $100 million, six-year revolving credit facility.