Planet Fitness announces up to $800M securitized notes offering to refinance $591M 2018 notes

Planet Fitness, Inc.

Intends to issue $600M Series 2024-1 Fixed Rate Senior Secured Notes, upsizable to $800M.
Proceeds will repay ~$591M Series 2018-1 Class A-2-II Notes and fund reserve accounts.
Remaining proceeds for general corporate purposes, including potential share repurchases.
Offering subject to market conditions; expected to close in June 2024.

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