Planet Fitness Says Certain Of Its Subsidiaries Intend To Complete Refinancing Transaction
The Company had approximately $2.0 billion of outstanding debt under its existing securitized financing facility as of March 31, 2024.
The Company intends to issue $600 million Series 2024-1 Fixed Rate Senior Secured Notes, Class A-2, with the potential to upsize up to $800 million, subject to market conditions and other factors.