NEW YORK: Planet Fitness, a gym chain with its headquartres in the United States, has started selling US$800mil of bonds backed by most of the company’s assets, the latest in a string of recent deals known as whole business securitisations.
Guggenheim structured the deal and is helping sell the fixed-rate bonds, which comes in two portions of US$400mil each.
Already a subscriber? Log in
The Star 6.6 DEAL: 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
