United PF sets Monday lender call for $100 million incremental loan

By Paul A. Harris

Portland, Ore., May 29 – United PF Holdings, LLC plans to take part in a lender call set to get underway at 1 p.m. ET on Monday, according to a market source.

The company seeks to syndicate a $100 million incremental first lien term loan due Dec. 30, 2026.

Jefferies LLC is the arranger.

Proceeds will be used to pay down debt under the company's revolver and to fund excess cash to the balance sheet in order to support future growth.

United PF is an Austin, Tex.-based operator of 59 Planet Fitness clubs in nine states.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.