Planet Fitness (PLNT) Announces Proposed Refinancing

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Planet Fitness, Inc. Announces Proposed Refinancing Transaction

May 29, 2024 4:35 PM EDT

HAMPTON, N.H., May 29, 2024 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (together with its subsidiaries, the "Company") today announced that certain of its subsidiaries intend to complete a refinancing transaction, which will include the issuance of a new series of securitized debt under their existing securitized financing facility and repayment of their existing Series 2018-1 Class A-2-II Notes.

The Company had approximately $2.0 billion of outstanding debt under its existing... More