debt
confidence high
sentiment neutral
materiality 0.55
Xponential Fitness adds $25M in term loans via seventh credit amendment
Xponential Fitness, Inc.
- Borrowed $25.0M in additional term loans under seventh amendment to existing credit agreement.
- Proceeds for general corporate purposes: working capital, lease liabilities, and legal expenses from regulatory matters.
- Amendment dated August 23, 2024; lenders include entities affiliated with MSD Partners.
- Credit Agreement with Wilmington Trust, National Association as administrative and collateral agent.