---
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"
generated_at: "2026-06-15T02:50:22.171682+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Life Time refinances term loan to $310M, extends maturity to Jan 2026

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001869198-23-000041
- JSON: https://secwatch.observer/filing/0001869198-23-000041.json
- Plain text: https://secwatch.observer/filing/0001869198-23-000041.txt

## Key facts
- Debt Financings
  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.
  - Instrument: credit facility
  - Principal: $310 million
  - Rate: SOFR plus an applicable credit adjustment spread plus 4.75% or base rate plus 3.
  - Maturity: January 15, 2026
  - Event: amendment
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1869198/000186919823000041/0001869198-23-000041-index.htm
- Material Agreements
  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).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Life Time, Inc.
  - Value: Increases term loan facility from $274 million to $310 million; interest at SOFR plus 4.75% or base
  - Effective: 2023-05-09
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1869198/000186919823000041/0001869198-23-000041-index.htm

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