Life Time Group Holdings Announced That Its Indirect Subsidiary, Life Time, Inc., Priced Its Previously Announced Private Offering Of $500M In Aggregate Principal Amount Of 6.000% Senior Secured Notes Due 2031
Portfolio Pulse from Benzinga Newsdesk
Life Time Group Holdings' subsidiary, Life Time, Inc., has priced a private offering of $500 million in senior secured notes due 2031 with a 6.000% interest rate.
October 23, 2024 | 11:38 am
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Life Time Group Holdings' subsidiary, Life Time, Inc., has successfully priced a $500 million private offering of senior secured notes with a 6.000% interest rate, due in 2031. This move could improve liquidity and financial flexibility.
The successful pricing of the $500 million notes indicates strong investor interest and provides Life Time Group Holdings with additional capital. This can enhance the company's liquidity and financial flexibility, potentially leading to positive short-term stock performance.
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