Life Time refinances $985 million term loan, cuts interest margin to 1.75%

LTH•2026-08-13

Borrowing cost and maturity

The effective fixed rate on the term loan borrowings is now 5.159%, reflecting existing interest rate swaps.

The 2026 Term Loan Facility was issued at par with no original issue discount, and the facility keeps its Nov. 5, 2031 maturity.

Refinancing the 2026 term loan facility

Life Time Group Holdings entered a Sixteenth Amendment to its credit agreement on Aug. 12, 2026, refinancing its $985 million 2026 Term Loan Facility.

The amendment cuts the interest rate margin by 0.25% to 1.75%.

Sources

Life Time refinances $985 million term loan, cuts interest margin to 1.75%

Sec

Life Time refinances $985 million term loan, cuts interest margin to 1.75%

Borrowing cost and maturity

Refinancing the 2026 term loan facility

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Life Time refinances $985 million term loan, cuts interest margin to 1.75%

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