debt
confidence high
sentiment positive
materiality 0.50
Life Time refinances $985M term loan, cuts margin by 25bps to 1.75%
Life Time Group Holdings, Inc.
- Refinanced $985M term loan facility; interest rate margin reduced 0.25% to 1.75%.
- Effective fixed rate after swaps now 5.159%; loans issued at par, no original issue discount.
- Maturity unchanged at Nov 5, 2031; proceeds used to refinance existing term loans.
- Amendment dated Aug 12, 2026; Deutsche Bank AG NY Branch as administrative agent.