Bally Total Fitness $200 million eight-year notes talked at 10¼%-10½%, pricing Thursday afternoon

By Paul A. Harris

St. Louis, June 25 - Price talk of 10¼%-10½% emerged Wednesday on Bally Total Fitness Corp.'s upcoming sale of $200 million eight-year non-call-four senior notes (B2/B), according to a market source.

The deal is expected to price on Thursday afternoon, the source added.

Deutsche Bank Securities is the bookrunner.

Proceeds will be used to repay debt.

The company is a Chicago-based fitness center operator.

© 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.