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Prospect News home > News index > List of issuers 2 > Headlines for 24 Hour Fitness Worldwide Inc. > News item
Published on 6/17/2020 in the Prospect News Bank Loan Daily, Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

S&P cuts 24 Fitness facility

S&P said it downgraded 24 Hour Fitness Worldwide Inc.’s senior secured revolver and term loan to D from CCC-. The recovery rating on the senior secured facility remains 2.

The downgrade follows the company’s announcement it filed for bankruptcy under Chapter 11 of the U.S. Bankruptcy Code.


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