The high-yield notes are due 2031

Davis Polk advised the representative of the initial purchasers, in connection with a Rule144A / Regulation S offering by Life Time, Inc., an indirect wholly owned subsidiary of Life Time Group Holdings, Inc., of $500 million aggregate principal amount of 6.000% senior secured notes due 2031. The notes are guaranteed by Life Time’s intermediate holding company and certain of its subsidiaries.

Life Time, the “Healthy Way of Life Company,” is a premier lifestyle and leisure brand offering premium health, fitness and wellness experiences to a community of more than 1.5 million individual members, who together comprise more than 876,000 memberships. It has built its reputation and robust brand equity through continuous focus on delivering high-quality experiences through its omni-channel physical and digital ecosystem that includes more than 170 centers – distinctive, resort-like athletic country club destinations – across 31 states in the United States and one province in Canada.

The Davis Polk capital markets team included partner Michael Kaplan and associates Michael Schuster, Nikki Williams and Kimberly Hickey. Partner Mario J. Verdolini and associate Bradford Sherman provided tax advice. Counsel Michael Comstock provided environmental advice. All members of the Davis Polk team are based in the New York office.

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