Nu Skin Enterprises Announces New Syndicated Credit Facility

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Nu Skin Enterprises, Inc.
NUS
today announced the closing of a new $375 million syndicated credit facility. A portion of the proceeds was used to pay off other outstanding debt, with the remainder available for working capital and other corporate purposes. "We are pleased with the structure of this new facility and the support of additional financial partners," said Ritch Wood, chief financial officer. "This facility provides the company greater flexibility to return value to shareholders." Details of the new credit facility are available in a current report on Form 8-K filed by the company today with the Securities and Exchange Commission.
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