Juice Plus+ Lenders Tap Advisers Before Upcoming Debt Maturities

Lenders to Juice Plus+ are working with law firm Gibson Dunn & Crutcher to help find ways to manage the company’s upcoming debt maturities, according to people with knowledge of the situation.

Meanwhile, Juice Plus+ itself is seeking legal advice from Ropes & Gray and Greenhill & Co, said the people, who asked not to be identified because the matter is private. The company, which sells nutritional supplements through a multilevel marketing network of salespeople, has a revolving line of credit due in November and a first-lien term loan due in 2025 that was originally $450 million.

Altamont Capital ...