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AI brief of an SEC Form 8-K · Life Time Group Holdings (LTH)

Life Time cuts margin on $985 million term loan to 1.75%, effective fixed rate 5.159%

Positive Impact 2 of 5 financing Written later

Life Time, Inc. and certain subsidiaries entered into a Sixteenth Amendment to their credit agreement on August 12, 2026, refinancing the $985 million 2026 Term Loan Facility. The interest rate margin falls 0.25 percentage points to 1.75%, and with interest rate swaps the effective fixed rate is now 5.159%. The loan still matures on November 5, 2031, so the change lowers borrowing costs without extending the debt's term.

Key points

  • Amendment dated August 12, 2026 covers the $985 million 2026 Term Loan Facility
  • Interest rate margin reduced by 0.25% to 1.75%
  • Effective fixed interest rate, including swaps, is now 5.159%
  • Loans were issued at par with no original issue discount; maturity remains November 5, 2031

The filing

CompanyLife Time Group Holdings (LTH)
Form8-K, current report
Filed with the SECAug 13, 2026, 4:16 PM ET
Accession number0001869198-26-000045

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 13, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.