Amount Raised
$900 Million
Round Type
Funding Round
Description
Planet Fitness, Inc. (NYSE: PLNT) (together with its subsidiaries, the "Company") today announced that it has priced $900 million of Series 2022-1 Class A-2 Fixed Rate Senior Secured Notes (the "Class A-2 Notes"), which consist of two tranches: the Class A-2-I Senior Secured Notes with an anticipated repayment term of five years, with an aggregate principal amount of $425 million and a fixed interest rate of 3.251% per annum, payable quarterly, and the Class A-2-II Senior Secured Notes with an anticipated repayment term of ten years, with an aggregate principal amount of $475 million and a fixed interest rate of 4.008% per annum, payable quarterly. The Class A-2 Notes are expected to be issued by Planet Fitness Master Issuer LLC (the "Master Issuer"), a limited-purpose, bankruptcy remote, indirect subsidiary of Planet Fitness, Inc. in a privately placed securitization transaction.
Quick answer
Planet Fitness raised $900 Million in a Funding Round round, dated January 26, 2022. Planet Fitness is based in Hampton, New Hampshire, United States.
- How much did Planet Fitness raise?
- Planet Fitness raised $900 Million in a Funding Round round on January 26, 2022.
- What does Planet Fitness do?
- Founded in 1992 in Dover, NH, Planet Fitness is one of the largest and fastest-growing franchisors and operators of fitness centers in the United States by number of members and locations.
- Where is Planet Fitness based and how big is it?
- Planet Fitness is based in Hampton, New Hampshire, United States. Fundz records about 2 employees.
- Who are the decision-makers at Planet Fitness?
- Fundz holds 1 contact at Planet Fitness. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Sports and Hospitality around the same time
Companies in the same sectors as Planet Fitness that raised within 45 days of this round, from Fundz verified event records.
- Interactive Strength TTRNR raised $39M on March 10, 2022.
- TBD Health raised $4.9M (Seed) on March 4, 2022.
- FitOn raised $21M on March 1, 2022.
- SMART FOR LIFE raised $250K on January 5, 2022.
- Vivante Health, Inc. raised $16M (Series A) on March 8, 2022.
- SeLux Diagnostics, Inc. raised $50M (Series C) on February 28, 2022.
Who to call at Planet Fitness, and when
A new round usually means Planet Fitness is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Planet Fitness raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Planet Fitness, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Planet Fitness. With Fundz connected, it knows.
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Fundz sees it the moment Planet Fitness raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Planet Fitness raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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