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Life Time Group Unit Completes Revolver Refinancing
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Life Time Group Unit Completes Revolver Refinancing
Sep 24, 2024 4:48 AM

05:36 PM EDT, 09/23/2024 (MT Newswires) -- Life Time Group Holdings ( LTH ) said late Monday its Life Time unit completed the refinancing of its revolving credit facility, raising the commitments to $650 million from $475 million.

The facility's maturity was extended through September 2029, among other changes, according to the company.

Life Time said it borrowed under the revolver and paid the remaining principal amount of about $200 million outstanding under its term loan facility.

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