secwatch.observer — SEC 8-K summary
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Issuer:     Life Time Group Holdings, Inc. (LTH)
CIK:        0001869198
Form:       8-K
Filed at:   2024-10-22T23:59:59+00:00
Accession:  0001869198-24-000046
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Life Time prices $500M 6% senior secured notes; plans $1B term loan to refinance 2026 maturities
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- Priced $500M aggregate principal 6.000% senior secured notes due 2031, upsized from $400M.
- Concurrently intends to incur $1B new term loans maturing 2031 at SOFR+2.50% margin (ratings-based step-down).
- Proceeds will refinance existing 5.750% senior secured notes due 2026 and 8.000% senior notes due 2026, plus revolving borrowings.
- Offering expected to close November 5, 2024, subject to customary conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1869198/000186919824000046/0001869198-24-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1869198/000186919824000046/lth-20241022.htm
  HTML page:      https://secwatch.observer/filing/0001869198-24-000046

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