Ropes & Gray Advises Planet Fitness in Refinancing, Accelerated Share Repurchase
June 15, 2024
June 15, 2024
BOSTON, Massachusetts, June 15 -- Ropes and Gray, a law firm, issued the following news:
Ropes & Gray represented Planet Fitness, Inc. in an $800 million whole business securitization add-on and $280 million accelerated share repurchase agreement with Citibank.
Planet Fitness issued a new series of Class A-2 senior secured notes in two tranches to repay in full its Series 2018-1 Class A-2-II notes, which as of March 31 had a principal balance of approximately $591 m . . .
Ropes & Gray represented Planet Fitness, Inc. in an $800 million whole business securitization add-on and $280 million accelerated share repurchase agreement with Citibank.
Planet Fitness issued a new series of Class A-2 senior secured notes in two tranches to repay in full its Series 2018-1 Class A-2-II notes, which as of March 31 had a principal balance of approximately $591 m . . .