Herbalife $275 million seven-year notes price talk 91/2-9¾%, to price Wednesday

By Paul A. Harris

St. Louis, March 2 - Price talk of 9½% to 9¾% emerged Tuesday on WH Holdings/WH Capital Corp.'s (Herbalife) $275 million offering of seven-year senior notes (B3/B), according to an informed source.

The deal is expected to price on Wednesday.

UBS Investment Bank is the bookrunner 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 company is a Century City, Calif.-based marketer of weight management and nutrition products.

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