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Published on 1/4/2007 in the Prospect News High Yield Daily.

Icon Health & Fitness amends reporting requirements on 11¼% notes

By Jennifer Chiou

New York, Jan. 4 - Icon Health & Fitness, Inc. entered into a supplemental indenture for its 11¼% senior subordinated notes due 2012 to eliminate the requirement that the company file annual, quarterly and other reports with The Bank of New York Co., NA, the trustee, according to an 8-K filing with the Securities and Exchange Commission.

The supplemental indenture also amends other definitions and provisions on the company's ability to incur indebtedness.

Icon also agreed to pay $0.97 million of additional special interest to the noteholders.

The Logan, Utah-based company is a fitness equipment-maker.


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