Bally Total Fitness says court oks chapter 11 amendment motion

Aug 21 (Reuters) - Bally Total Fitness BFTH.PK said a U.S. bankruptcy court granted its motion to amend its Chapter 11 plan, in favor of a restructuring plan proposed by Harbinger Capital Partners, without resoliciting creditor approval. The court also approved its debtor-in-possession financing and exit credit facilities, the fitness club operator said a statement.

If the amended plan is confirmed, the company said it expects to emerge from chapter 11 by the end of September 2007.

(Reporting by Savio D’Souza in Bangalore)

((Editing by Anthony Kurian; Reuters Messaging; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800)) Keywords: BALLYTOTAL COURT/

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