Planet Fitness Announces New Securitized Debt Issuance and $75 Million Variable Funding Note Facility
Planet Fitness Inc. plans a refinancing transaction involving new securitized debt issuance and a $75 million variable funding note facility. This includes repaying existing Series 2022-1 Class A-2-I Notes and adding to the current $75 million 2022-1 Variable Funding Senior Secured Notes. As of September 30, 2025, no borrowings were outstanding under the existing facility, with $2.2 billion in debt under the securitized financing facility. The offering is expected to close in December 2025, subject to conditions.
Planet Fitness Inc. announced that certain subsidiaries intend to complete a refinancing transaction, which will include the issuance of a new series of securitized debt under their existing securitized financing facility and repayment of their existing Series 2022-1 Class A-2-I Notes. The company also expects these subsidiaries to enter into a $75 million variable funding note facility, in addition to the existing $75 million 2022-1 Variable Funding Senior Secured Notes, Class A-1. As of September 30, 2025, there were no borrowings outstanding under the existing variable funding notes facility. The outstanding debt under the existing securitized financing facility was approximately $2.2 billion as of September 30, 2025. The offering is anticipated to close in December 2025, subject to market and other conditions. View original content to download multimedia:here Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Planet Fitness Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NE35219) on December 01, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
