Security interest in substantially all of Planet Fitness’ revenue- generating assets, including existing and future domestic franchise and development agreements, domestic corporate-owned store profits, certain other franchise and license fees, equipment profits and commission income, and domestic intellectual property
Use of Proceeds
Refinancing of Series 2018-1 Class A-1 Senior VFN and Class A-2- I Senior Term ABS, acquisition of stores from franchisee and payment of transaction fees and expenses