08:40 AM EDT, 10/23/2024 (MT Newswires) -- Life Time Group Holdings ( LTH ) said Wednesday its Life Time subsidiary has priced a private offering of $500 million of 6% senior secured notes due 2031.

The offering, which was upsized from $400 million, is expected to close Nov. 5.

Life Time also plans to amend its existing credit agreement to secure $1 billion in new term loans maturing in 2031.

Shares of Life Time Group ( LTH ) rose more than 1% in recent premarket activity.

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