---
schema_version: "secwatch.filing_event.v1"
accession: "0001869198-23-000066"
form_type: "8-K"
ticker: "LTH"
cik: "0001869198"
company_name: "Life Time Group Holdings, Inc."
filed_at: "2023-12-06T23:59:59+00:00"
generated_at: "2026-06-07T17:26:04.451093+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Life Time Group refinances $310M term loan, cuts interest rate by 0.50%

## Summary
- New 2023 Term Loan Facility reduces interest rate by 0.50% to SOFR + 4.00% or base + 3.25%.
- $310M term loan issued at par with no original issue discount; maturity unchanged at Jan 15, 2026.
- Applicable margins increase to 4.25% / 3.50% if corporate family rating falls below B2/B.
- Borrower is wholly owned subsidiary Life Time, Inc.; Deutsche Bank NY Branch acts as administrative agent.

## SEC filing metadata
- accession: 0001869198-23-000066
- form_type: 8-K
- ticker: LTH
- cik: 0001869198
- company_name: Life Time Group Holdings, Inc.
- filed_at: 2023-12-06T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1869198/000186919823000066/0001869198-23-000066-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1869198/000186919823000066/lth-20231206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001869198-23-000066
- JSON: https://secwatch.observer/filing/0001869198-23-000066.json
- Plain text: https://secwatch.observer/filing/0001869198-23-000066.txt

## Key facts
- Material Agreements
  Life Time Group Holdings, Inc. amended Eleventh Amendment to Credit Agreement with Life Time, Inc. valued at Refinancing of $310 million term loan facility; interest rate reduced by 0.50% to SOFR + 4.00% or ba (effective 2023-12-06).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Life Time, Inc.
  - Value: Refinancing of $310 million term loan facility; interest rate reduced by 0.50% to SOFR + 4.00% or ba
  - Effective: 2023-12-06
  source text: On December 6, 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 Eleventh Amendment to Credit Agreement (the “ Amendment ”), which amended its existing credit agreement (as amended and restated, the “ Credit Agreement ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1869198/000186919823000066/0001869198-23-000066-index.htm

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