GNC Holdings Inc. shares jumped 5% in Friday premarket trading after the company announced an extended maturity date of term loans to March 2021, a two-year extension. With this amendment, the health and wellness retailer will continue working with Harbin Pharmaceutical Group Holding Co. Ltd. on a previously announced $300 million strategic investment. GNC’s revolving credit facility will be cancelled once the amended and restated term loan facility closes and GNC will enter into a new $100 million ABL Revolver. GNC shares are down more than 54% for the last year while the S&P 500 index is up 14.4% for the period.
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