Vitamins

The Kraft Heinz Company Foundation Commits $15 Million Over Three Years to Rise Against Hunger to Provide 463 Million Meals to People in Need

Retrieved on: 
Tuesday, April 9, 2024

Today, The Kraft Heinz Company Foundation announces an extended three-year partnership and $15 million commitment to Rise Against Hunger , an international nonprofit organization.

Key Points: 
  • Today, The Kraft Heinz Company Foundation announces an extended three-year partnership and $15 million commitment to Rise Against Hunger , an international nonprofit organization.
  • The commitment builds on a decade-long partnership between Kraft Heinz and Rise Against Hunger to alleviate global hunger and improve access to nutrition.
  • View the full release here: https://www.businesswire.com/news/home/20240409900011/en/
    Kraft Heinz employees pack meals during the annual Packathon (Photo: Business Wire)
    “At Kraft Heinz, we aim to provide 1.5 billion meals to people in need by 2025,” said Andrea Budelli, President of The Kraft Heinz Company Foundation and Chief R&D Officer of Developed & Emerging Markets at Kraft Heinz.
  • This impact includes:
    Fortified more than 127 million Rise Against Hunger meals with 21 million micronutrient sachets for school feeding and dietary supplementation programs.

Bayer’s Consumer Health Division Announces Changes to North America Leadership Team

Retrieved on: 
Tuesday, April 9, 2024

Today, Bayer announced Samantha Avivi as the new Chief Marketing Officer (CMO) for its Consumer Health division in North America.

Key Points: 
  • Today, Bayer announced Samantha Avivi as the new Chief Marketing Officer (CMO) for its Consumer Health division in North America.
  • She will report directly to Dave Tomasi, President, Consumer Health, North America for Bayer.
  • View the full release here: https://www.businesswire.com/news/home/20240409885941/en/
    “I’m pleased to welcome Samantha to Team Bayer to lead our North America marketing organization and join our efforts to achieve ‘Health for all, Hunger for none,‘” said Tomasi.
  • “I’m honored to take this leadership role with Bayer, a world leading company with a meaningful mission,” said Avivi.

The Beachbody Company Launches New Initiative Enabling Customers to Buy and Download Fitness Programs Like P90X and 21 DAY FIX Without a Subscription

Retrieved on: 
Tuesday, April 9, 2024

The Beachbody Company, Inc. (NYSE: BODI) (“BODi” or the “Company”), a leading health and fitness company, announced today it will give consumers the ability to purchase its most popular fitness and nutrition programs without a subscription.

Key Points: 
  • The Beachbody Company, Inc. (NYSE: BODI) (“BODi” or the “Company”), a leading health and fitness company, announced today it will give consumers the ability to purchase its most popular fitness and nutrition programs without a subscription.
  • In order to meet the latent demand for access to its most popular fitness and nutrition programs – including P90X, 21 DAY FIX, LIIFT4 and BODi’s popular nutrition programs such as PORTION FIX and 2B MINDSET – the Company’s extensive catalog of branded programs will be available for purchase individually to all consumers.
  • View the full release here: https://www.businesswire.com/news/home/20240409169715/en/
    The Beachbody Company Launches New Initiative Enabling Customers to Buy and Download Fitness Programs Like P90X and 21 DAY FIX Without a Subscription (Graphic: Business Wire)
    BODi offers more than 134 renowned digital programs in every major fitness genre that will gradually become available for individual purchase over the coming months.
  • This new model is similar to the Company’s highly successful legacy DVD offers and will complement its successful subscription business.

Herbalife Expects to Complete $1.6 Billion Secured Refinancing on April 12

Retrieved on: 
Saturday, April 6, 2024

Herbalife Ltd. (NYSE: HLF) (the “Company”), a premier health and wellness company, community and platform, today announced it is in the process of completing its previously announced $1.2 billion secured refinancing, which is expected to include a $400 million, 5-year senior secured Term Loan B facility.

Key Points: 
  • Herbalife Ltd. (NYSE: HLF) (the “Company”), a premier health and wellness company, community and platform, today announced it is in the process of completing its previously announced $1.2 billion secured refinancing, which is expected to include a $400 million, 5-year senior secured Term Loan B facility.
  • In addition, the Company intends to refinance its current $330 million senior secured revolving credit facility maturing in March 2025, with a $400 million, 4-year senior secured revolving credit facility.
  • The terms of the proposed refinancing transactions will be disclosed upon completion of the transactions.
  • The proposed refinancing transactions are expected to close on April 12, 2024, subject to customary closing conditions.

Herbalife Announces Pricing of Upsized $800 Million Aggregate Principal Amount of Senior Secured Notes Offering

Retrieved on: 
Saturday, April 6, 2024

Herbalife Ltd. (NYSE: HLF) (the “Company”), a global health and wellness company, today announced the upsizing and pricing of the previously announced offering by HLF Financing SaRL, LLC and Herbalife International, Inc., each a wholly owned subsidiary of the Company, of $800 million aggregate principal amount of senior secured notes due 2029 (the “Notes”) at a price to the public of 97.298% of par.

Key Points: 
  • Herbalife Ltd. (NYSE: HLF) (the “Company”), a global health and wellness company, today announced the upsizing and pricing of the previously announced offering by HLF Financing SaRL, LLC and Herbalife International, Inc., each a wholly owned subsidiary of the Company, of $800 million aggregate principal amount of senior secured notes due 2029 (the “Notes”) at a price to the public of 97.298% of par.
  • The aggregate principal amount of the Notes to be issued in the offering was increased to $800 million from the previously announced amount of $700 million.
  • The Notes have a fixed annual interest rate of 12.25%, which will be paid semi-annually on April 15 and October 15 of each year, commencing on October 15, 2024.
  • The Notes will be guaranteed on a senior secured basis by each of the Company and the Company’s existing and future subsidiaries that is a guarantor of the obligations of any domestic borrower under the Company’s senior secured credit facility.

Global Microbiome Manufacturing Markets 2023-2024 & 2035: Industry Trends, Forecasts, Formulation, Primary Packaging Used, Scale of Operation, Company Size, Key Regions and Leading Developers - ResearchAndMarkets.com

Retrieved on: 
Friday, April 5, 2024

Likewise, the ecological system of commensal, symbiotic, and pathogenic microorganisms that reside within a host system is called the microbiome.

Key Points: 
  • Likewise, the ecological system of commensal, symbiotic, and pathogenic microorganisms that reside within a host system is called the microbiome.
  • Further, this microbiome manufacturing market analysis highlights the efforts of several stakeholders engaged in this rapidly emerging segment of the pharmaceutical industry.
  • Around 43% of the global microbiome contract manufacturing capacity is installed in facilities owned by small contract manufacturing companies.
  • This market report includes an easily searchable excel database of all the microbiome contract manufacturing companies and their manufacturing facility, worldwide.

Sports Nutrition Market Report 2024: A Global $100+ Billion Industry by 2032, Driven by Product Innovations and Diversification and Rapid Expansion of e-Commerce Platforms - ResearchAndMarkets.com

Retrieved on: 
Wednesday, April 3, 2024

The "Sports Nutrition Market Report by Product Type, Raw Material, Distribution Channel, and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Sports Nutrition Market Report by Product Type, Raw Material, Distribution Channel, and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering.
  • The global sports nutrition market size reached US$ 54.8 billion in 2023.
  • The increasing awareness about health and fitness is a significant factor driving the sports nutrition Market.
  • The rapid expansion of athlete and fitness enthusiast demographics is a significant driving force behind the sports nutrition market.

Nu Skin Enterprises to Announce First Quarter 2024 Financial Results

Retrieved on: 
Wednesday, April 3, 2024

Nu Skin Enterprises, Inc. (NYSE: NUS) today announced it will release first quarter 2024 results after the market closes on Wednesday, May 8.

Key Points: 
  • Nu Skin Enterprises, Inc. (NYSE: NUS) today announced it will release first quarter 2024 results after the market closes on Wednesday, May 8.
  • The Nu Skin management team will host a conference call with the investment community later that same day at 5 p.m.
  • During the call, management will discuss recent results and upcoming business initiatives.
  • The webcast of the conference call, including the financial information presented, will be available on the investor relations page of the company’s website at ir.nuskin.com .

Celebrate Vitacost’s 30th Anniversary With the $30K Giveaway Sweepstakes

Retrieved on: 
Monday, April 1, 2024

Vitacost.com, a leading online retailer of health and wellness products, is celebrating its 30th anniversary with the launch of a $30K Giveaway sweepstakes.

Key Points: 
  • Vitacost.com, a leading online retailer of health and wellness products, is celebrating its 30th anniversary with the launch of a $30K Giveaway sweepstakes.
  • “The $30K Giveaway is an exciting way of showing genuine appreciation for our customers.”
    Three $10,000 cash prizes will be up for grabs.
  • For more information about the $30K Giveaway sweepstakes, including official rules and entry details, visit vitacost.com/sweepstakes .
  • In addition to the $30K Giveaway, Vitacost is celebrating its 30th anniversary with an unprecedented event: 30 Thursdays.

Herbalife Announces Proposed Offering of $700 Million Aggregate Principal Amount of Senior Secured Notes

Retrieved on: 
Monday, April 1, 2024

Herbalife Ltd. (NYSE: HLF) (the “Company”), a global health and wellness company, today announced that HLF Financing SaRL, LLC and Herbalife International, Inc., each a wholly owned subsidiary of the Company, intend, subject to market and other conditions, to offer $700 million aggregate principal amount of senior secured notes due 2029 (the “Notes”).

Key Points: 
  • Herbalife Ltd. (NYSE: HLF) (the “Company”), a global health and wellness company, today announced that HLF Financing SaRL, LLC and Herbalife International, Inc., each a wholly owned subsidiary of the Company, intend, subject to market and other conditions, to offer $700 million aggregate principal amount of senior secured notes due 2029 (the “Notes”).
  • The Company expects to use the net proceeds from the offering to repay indebtedness, including borrowings outstanding under the Company’s senior secured credit facility and a portion of the Company’s 7.875% Senior Notes due 2025, to pay related fees and expenses and the remainder for general corporate purposes.
  • Any offer, if at all, will be made only pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States in reliance on Regulation S under the Securities Act.
  • The Notes have not been and are not expected to be registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.