---
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"
generated_at: "2026-05-16T14:16:04.330886+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Planet Fitness prices $750M securitized financing; two tranches at 5.274% and 5.649%

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001637207-25-000084
- JSON: https://secwatch.observer/filing/0001637207-25-000084.json
- Plain text: https://secwatch.observer/filing/0001637207-25-000084.txt

## Key facts
- Material Agreements
  Planet Fitness, Inc. entered into Purchase Agreement with Guggenheim Securities, LLC valued at $750 million aggregate principal amount (effective 2025-12-05).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Guggenheim Securities, LLC
  - Value: $750 million aggregate principal amount
  - Effective: 2025-12-05
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1637207/000163720725000084/0001637207-25-000084-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.