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Life Time, Inc.: Covenant Quality Post-Sale Snapshot: $500m 6.000% Sen...

Life Time, Inc.'s covenant package provides weakest protection, reflecting a CQ score of 4.61.

Life Time, Inc.: Update to credit analysis following outlook change to...

Our credit view of Life Time reflects the good market position and club amenities, favorable focus on fitness and health, offset by its high leverage and high development spending.

Moody's Ratings assigns B2 to Life Time's proposed senior secured note...

Moody's Ratings (Moody's) assigned a B2 rating to Life Time, Inc.'s (Life Time) proposed senior secured notes due 2032. Life Time's existing ratings are unchanged, including its B2 Corporate Family Rating (CFR), B2-PD Probability of Default Rating (PDR), and B2 rating on the senior secured credit fa...

Moody's Ratings revises Life Time's outlook to positive; affirms B2 CF...

Moody's Ratings (Moody's) affirmed the B2 Corporate Family Rating (CFR) and B2-PD Probability of Default Rating (PDR) of Life Time, Inc. (Life Time). Concurrently, we assigned a B2 rating to the proposed $1 billion senior secured first lien term loan due 2031 and downgraded the rating on the senior ...

Life Time, Inc.: Update to credit analysis

Our credit view of this issuer reflects its positive demographic fundamentals with increased awareness and focus on fitness and health, against its moderately high leverage.

Life Time, Inc.: Update to credit analysis following CFR upgrade to B2

Our credit view of Life Time balances the company's high leverage and aggressive growth strategy with an established market position and good asset value.

Moody's upgrades Life Time's CFR to B2; Outlook Stable

Moody's Investors Service ("Moody's") upgraded Life Time, Inc.'s ("Life Time")'s Corporate Family Rating (CFR) to B2 from B3 and Probability of Default Rating (PDR) to B2-PD from B3-PD. Concurrently, Moody's upgraded the rating for the company's first lien credit facilities (revolver and term loan) ...

Moody's upgrades Life Time's CFR to B2; Outlook Stable

Moody's Investors Service ("Moody's") upgraded Life Time, Inc.'s ("Life Time")'s Corporate Family Rating (CFR) to B2 from B3 and Probability of Default Rating (PDR) to B2-PD from B3-PD. Concurrently, Moody's upgraded the rating for the company's first lien credit facilities (revolver and term loan) ...

Moody's assigns B2 to Life Time's proposed new first lien term loan

Moody's Investors Service ("Moody's") assigned a B2 rating to Life Time, Inc.'s ("Life Time") proposed new $274 million first lien term loan due January 2026. Proceeds from new first lien term loan will be used to repay the remaining balance on the existing first lien term loan due December 2024. Th...

Life Time, Inc.: Covenant Quality Post-Sale Snapshot: $925m 5.75% Seni...

Life Time, Inc.'s covenant package provides weakest protection, reflecting a CQ score of 4.59.

Life Time, Inc.: Covenant Quality Post-Sale Snapshot: $475m 8.000% Sen...

Life Time, Inc.'s covenant package provides weakest protection, reflecting a CQ score of 4.69.

Life Time, Inc.: Update to credit analysis

Our credit view of Life Time reflects its high leverage and aggressive growth plan with established position and positive demographic trends

Life Time, Inc.: Update to credit analysis following CFR upgrade to B3

Our credit view of Life Time reflects its high but improving leverage, gradual recovery from coronavirus-related shutdowns, and aggressive growth strategy.

Moody's upgrades Life Time's CFR to B3 after IPO; outlook stable

Rating Action: Moody's upgrades Life Time's CFR to B3 after IPO; outlook stable. Global Credit Research- 12 Oct 2021. New York, October 12, 2021-- Moody's Investors Service upgraded Life Time, Inc.' s Corporate Family Rating to B3 from Caa1, Probability of Default Rating to B3-PD from Caa1-PD, the rating for its first lien senior secured credit facilities and senior secured notes to B2 from B3, and the rating for the company's senior unsecured notes to Caa2 from Caa3.

Moody's announces completion of a periodic review of ratings of Life T...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Life Time, Inc.. Global Credit Research- 05 May 2021. New York, May 05, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Life Time, Inc. and other ratings that are associated with the same analytical unit.

Moody's downgrades Life Time, Inc.'s CFR to Caa1; outlook is Stable

Rating Action: Moody's downgrades Life Time, Inc.' s CFR to Caa1; outlook is Stable. Global Credit Research- 11 Jan 2021. New York, January 11, 2021-- Moody's Investors Service downgraded Life Time, Inc.' s ratings including its Corporate Family Rating to Caa1 from B3 and Probability of Default Rating to Caa1-PD from B3-PD.

Moody's announces completion of a periodic review of ratings of Life T...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Life Time, Inc.. Global Credit Research- 15 Jun 2020. New York, June 15, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Life Time, Inc. and other ratings that are associated with the same analytical unit.

Moody's downgrades Life Time, Inc.'s CFR to B3; outlook negative

Rating Action: Moody's downgrades Life Time, Inc.' s CFR to B3; outlook negative. Global Credit Research- 03 Apr 2020. New York, April 03, 2020-- Moody's Investors Service downgraded Life Time, Inc.' s ratings including its Corporate Family Rating to B3 from B2, Probability of Default Rating to B3-PD from B2-PD, and senior unsecured notes to Caa2 from Caa1.

Moody's announces completion of a periodic review of ratings of Life T...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Life Time, Inc.. Global Credit Research- 08 Aug 2019. New York, August 08, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Life Time, Inc. and other ratings that are associated with the same analytical unit.

Life Time, Inc.: Update to credit analysis following refinancing

Our credit view of Life Time highlighting its elevated financial risk given its high leverage and majority financial sponsor ownership offset by its sizable asset value and higher-end focus.

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