Planet fitness, inc. announces proposed recapitalization transaction

Planet fitness, inc. announces proposed recapitalization transaction.planet fitness inc - intends to issue $550 million series 2019-1 fixed rate senior secured notes, class a-2.planet fitness inc - net proceeds expected to be used to pay transaction costs and fund reserve accounts associated with securitized financing facility.planet fitness inc - had approximately $1.2 billion of outstanding debt under its existing securitized financing facility as of september 30, 2019.
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