{"schema_version":"secwatch.filing_event.v1","accession":"0001637207-25-000084","form_type":"8-K","ticker":"PLNT","cik":"0001637207","company_name":"Planet Fitness, Inc.","filed_at":"2025-12-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.015835+00:00","generated_at":"2026-05-16T14:16:04.330886+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Planet Fitness prices $750M securitized financing; two tranches at 5.274% and 5.649%","bullets":["Issued $400M Series 2025-1 Class A-2-I at 5.274% with 5-year term and $350M Series 2025-1 Class A-2-II at 5.649% with 7-year term.","Proceeds will repay ~$410M of existing Series 2022-1 Class A-2-I notes, pay transaction costs, fund reserves, and may support share repurchases.","Also expects a $75M variable funding note facility (additional capacity; no borrowings outstanding as of Sep 30, 2025).","Closing expected on or around December 15, 2025, subject to customary conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001637207-25-000084","json":"https://secwatch.observer/filing/0001637207-25-000084.json","markdown":"https://secwatch.observer/filing/0001637207-25-000084.md","text":"https://secwatch.observer/filing/0001637207-25-000084.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1637207/000163720725000084/0001637207-25-000084-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1637207/000163720725000084/plnt-20251205.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T14:16:04.330886+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b733dc396c470cde7537845ac7b7e5be03b91237","claim":"Planet Fitness, Inc. entered into Purchase Agreement with Guggenheim Securities, LLC valued at $750 million aggregate principal amount (effective 2025-12-05).","evidence_excerpt":"entered into a Note Purchase Agreement (the “ Purchase Agreement ”), with Guggenheim Securities, LLC, as representative of the several initial purchasers, relating to the issuance and sale of $750 million aggregate principal amount of notes consisting of $400 million Series 2025-1 5.274% Fixed Rate Senior Secured Notes, Class A-2-I","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1637207/000163720725000084/0001637207-25-000084-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Guggenheim Securities, LLC"},{"label":"Value","value":"$750 million aggregate principal amount"},{"label":"Effective","value":"2025-12-05"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}