Life Time Group Holdings Enters Material Agreement
Ticker: LTH · Form: 8-K · Filed: Aug 18, 2025 · CIK: 1869198
| Field | Detail |
|---|---|
| Company | Life Time Group Holdings, INC. (LTH) |
| Form Type | 8-K |
| Filed Date | Aug 18, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $995 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation, 8-k
Related Tickers: LTG
TL;DR
LTG just signed a big deal, new financial obligations incoming.
AI Summary
Life Time Group Holdings, Inc. filed an 8-K on August 18, 2025, reporting the entry into a material definitive agreement and the creation of a direct financial obligation. The filing details financial statements and exhibits related to these events.
Why It Matters
This filing indicates a significant new financial commitment or partnership for Life Time Group Holdings, which could impact its financial obligations and future operations.
Risk Assessment
Risk Level: medium — The entry into a material definitive agreement and creation of a financial obligation can introduce new risks related to the terms of the agreement and the company's ability to meet its obligations.
Key Players & Entities
- Life Time Group Holdings, Inc. (company) — Registrant
- August 18, 2025 (date) — Date of report
- Delaware (jurisdiction) — State of Incorporation
- 47-3481985 (identifier) — IRS Employer Identification No.
- 2902 Corporate Place Chanhassen, Minnesota 55317 (address) — Principal Executive Offices
- (952) 947-0000 (phone_number) — Registrant's telephone number
FAQ
What type of material definitive agreement did Life Time Group Holdings, Inc. enter into?
The filing states the entry into a material definitive agreement but does not specify the nature of the agreement in the provided text.
What is the nature of the direct financial obligation created?
The filing indicates the creation of a direct financial obligation, but the specific details of this obligation are not provided in the excerpt.
When was this 8-K filing submitted?
The filing was submitted on August 18, 2025.
Where are Life Time Group Holdings, Inc.'s principal executive offices located?
The principal executive offices are located at 2902 Corporate Place Chanhassen, Minnesota 55317.
What is the company's IRS Employer Identification Number?
The company's IRS Employer Identification Number is 47-3481985.
Filing Stats: 672 words · 3 min read · ~2 pages · Grade level 10.1 · Accepted 2025-08-18 16:13:15
Key Financial Figures
- $0.01 — ich Registered Common stock, par value $0.01 per share LTH The New York Stock Exchan
- $995 million — dment provides for a refinancing of the $995 million term loan facility (the " 2025 Term Loa
Filing Documents
- lth-20250818.htm (8-K) — 27KB
- lifetime-fifteenthamendmen.htm (EX-10.1) — 273KB
- image_0a.jpg (GRAPHIC) — 0KB
- 0001869198-25-000037.txt ( ) — 455KB
- lth-20250818.xsd (EX-101.SCH) — 2KB
- lth-20250818_lab.xml (EX-101.LAB) — 21KB
- lth-20250818_pre.xml (EX-101.PRE) — 12KB
- lth-20250818_htm.xml (XML) — 3KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. On August 18, 2025, Life Time, Inc. (the " Borrower ") and certain of its wholly owned subsidiaries, each of which is a wholly owned subsidiary of Life Time Group Holdings, Inc., entered into that certain Fifteenth Amendment to Credit Agreement (the " Amendment "), which amended the existing credit agreement (as amended and restated, the " Credit Agreement "). The Amendment provides for a refinancing of the $995 million term loan facility (the " 2025 Term Loan Facility ") to reduce the interest rate margin by 0.25% to 2.00%. With this reduction and as a result of the interest rate swaps that are hedging the variable interest payments on the 2025 Term Loan Facility, the effective fixed interest rate associated with the 2025 Term Loan Facility borrowings is now 5.409%. Loans under the 2025 Term Loan Facility were issued at par with no original issue discount. The 2025 Term Loan Facility continues to mature on November 5, 2031. The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the Amendment, a copy of which is attached as Exhibit 10.1 to this Current Report on Form 8-K and incorporated into this Item 1.01 by reference. Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth in Item 1.01 above is incorporated by reference into this Item 2.03.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 10.1 Fifteenth Amendment to the Credit Agreement, dated as of August 18, 2025, by and among LTF Intermediate Holdings, Inc., Life Time, Inc., the subsidiary guarantors party thereto, the lenders party thereto, and Deutsche Bank AG New York Branch, as administrative agent. 104 Cover page Interactive Data File (embedded within the Inline XBRL document). 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Life Time Group Holdings, Inc. Date: August 18, 2025 By: /s/ Erik Weaver Erik Weaver Executive Vice President & Chief Financial Officer 3