Crunch Fitness Seeks to Borrow $800 Million From ABS Bond Sale

🇺🇸 Bloomberg (US) —

AI Summary

Crunch Fitness is seeking to raise about $800 million through a bond sale backed by revenue from its franchise business. The financing would add to a recent wave of companies using whole-business securitization.

Crunch Fitness is looking to raise about $800 million from a bond sale backed by the company’s franchise revenue, adding to a string of companies tapping the whole-business securitization market in recent weeks.

Markets Deals Crunch Fitness bond sale securitization franchise revenue corporate financing

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