The beachbody company, inc. announces amendments to its term loan to align with building a profitable and sustainable business

El segundo, calif.--(business wire)--the beachbody company, inc. (nyse: body) (“bodi” or the “company”), a leading subscription health and wellness company, today announced that it has amended certain financial covenants (and other terms) of its $50 million term loan with blue torch capital. “we felt it was appropriate to amend the terms of our revenue covenant with blue torch capital to better align the loan with our profit and free cash flow objectives. the amendments reduce the revenue minim.
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