Planet Fitness Completes $750 Million Senior Secured Notes Offering

Reuters12-16
Planet Fitness Completes $750 Million Senior Secured Notes Offering

Planet Fitness, Inc. (NYSE: PLNT) has completed its previously announced refinancing transaction, issuing a new series of securitized notes (the "2025 Notes") totaling $750 million. The offering consists of two tranches: $400 million of Class A-2-I Senior Secured Notes with a fixed interest rate of 5.274% per annum and an anticipated five-year repayment date, and $350 million of Class A-2-II Senior Secured Notes with a fixed interest rate of 5.649% per annum and an anticipated seven-year repayment date. Proceeds from the offering are intended for general corporate purposes, including funding share repurchases. View original content to download multimedia:https://www.prnewswire.com/news-releases/planet-fitness-inc-completes-refinancing-transaction-302642657.html

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Planet Fitness Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NE47914) on December 15, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment