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MusclePharm Enters Into $8MM Credit Facility With ANB Bank

September 18, 2014, 05:45 AM
Filed Under: Nutrional Products

MusclePharm Corporation, a scientifically driven, performance-lifestyle sports nutrition company, announced that the company entered into a revolving credit facility with ANB Bank for up to $8.0 million.

"We are pleased to have secured this credit facility, reflecting the strength and growth of MusclePharm," said Brad Pyatt, CEO of MusclePharm. "Access to this additional source of capital provides us with further flexibility as we implement our growth initiatives."

MusclePharm is a scientifically-driven, performance lifestyle company that currently develops, manufactures, markets and distributes branded nutritional supplements. The company offers a complete range of powders, capsules, tablets and gels. Its portfolio of recognized brands, including MusclePharm® Hybrid and Core Series, Arnold Schwarzenegger Series™ and FitMiss™, are marketed and sold in more than 110 countries and available in over 35,000 retail outlets globally. These clinically-proven and scientific nutritional supplements are developed through a six-stage research process utilizing the expertise of leading nutritional scientists, doctors and universities. MusclePharm is the innovator of the sports nutrition industry.

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