Planet Fitness Midwest gets $180 million credit facilities

By Sara Rosenberg

New York, Sept. 14 – Planet Fitness Midwest LLC closed on $180 million of senior secured credit facilities, according to a market source.

Fifth Third acted as the lead arranger on the deal and is the administrative agent.

Proceeds are being used to refinance existing debt and fund future club development.

Planet Fitness Midwest is an operator of Planet Fitness gyms.

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