{"schema_version":"secwatch.filing_event.v1","accession":"0001869198-23-000041","form_type":"8-K","ticker":"LTH","cik":"0001869198","company_name":"Life Time Group Holdings, Inc.","filed_at":"2023-05-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.397017+00:00","generated_at":"2026-06-15T02:50:22.171682+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Life Time refinances term loan to $310M, extends maturity to Jan 2026","bullets":["Term loan increased from $274M to $310M via Tenth Amendment to Credit Agreement dated May 9, 2023.","New 2023 Term Loan Facility matures January 15, 2026; interest at SOFR + 4.75% (or base + 3.75%).","Applicable margins can step down to 4.50%/3.50% upon achieving B2/B corporate family ratings from Moody's/S&P.","Facilities converted from LIBOR to SOFR; loans issued with 0.50% original issue discount."],"urls":{"canonical":"https://secwatch.observer/filing/0001869198-23-000041","json":"https://secwatch.observer/filing/0001869198-23-000041.json","markdown":"https://secwatch.observer/filing/0001869198-23-000041.md","text":"https://secwatch.observer/filing/0001869198-23-000041.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1869198/000186919823000041/0001869198-23-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1869198/000186919823000041/lth-20230509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T02:50:22.171682+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":"cd4b5ca08cc1cf7913cf3d487753f0e21bc770bb","claim":"Life Time Group Holdings, Inc. amended credit facility of $310 million at SOFR plus an applicable credit adjustment spread plus 4.75% or base rate plus 3. maturing January 15, 2026.","evidence_excerpt":"and restated, the “ Credit Agreement ”). Among other things, the Amendment provides for (i) a refinancing of the term loan facility from the existing $274 million facility to a $310 million facility (the “ 2023 Term Loan Facility ”), (ii) a maturity of the 2023 Term Loan Facility of January 15, 2026 and (iii) conversion of the facilities under the Credit Agreement","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1869198/000186919823000041/0001869198-23-000041-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$310 million"},{"label":"Rate","value":"SOFR plus an applicable credit adjustment spread plus 4.75% or base rate plus 3."},{"label":"Maturity","value":"January 15, 2026"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"909c8475ceba7c40f41970fde19cb79593d0289b","claim":"Life Time Group Holdings, Inc. entered into Tenth Amendment to Credit Agreement with Life Time, Inc. valued at Increases term loan facility from $274 million to $310 million; interest at SOFR plus 4.75% or base (effective 2023-05-09).","evidence_excerpt":"On May 9, 2023, Life Time, Inc. (the “ Borrower ”) and certain of its wholly owned subsidiaries, each of which is a wholly owned subsidiary of Life Time Group Holdings, Inc. (the “ Company ”), entered into that certain Tenth Amendment to Credit Agreement (the “ Amendment ”), which amended its existing credit agreement","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1869198/000186919823000041/0001869198-23-000041-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Life Time, Inc."},{"label":"Value","value":"Increases term loan facility from $274 million to $310 million; interest at SOFR plus 4.75% or base"},{"label":"Effective","value":"2023-05-09"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}