EPIC Fitness gets $150 million credit facilities via Fifth Third

By Sara Rosenberg

New York, Sept. 14 – EPIC Fitness Group LLC closed on $150 million of senior secured credit facilities, according to a market source.

Fifth Third acted as the sole lead arranger on the deal.

The credit facilities consist of a revolver, a term loan and a delayed-draw term loan, the source said.

Proceeds are being used to refinance existing debt, provide capital to fund new club development and pay transaction fees and expenses.

EPIC is an operator of Planet Fitness gyms.

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