Milbank LLP represented Jefferies Finance LLC, Antares Holdings LP, CPPIB Credit Investments III Inc., Ares Capital Management LLC and Fifth Third Bank, National Association as joint lead arrangers and joint bookrunners (the “Arrangers”) for the senior secured credit facilities supporting American Securities LLC’s and its affiliates' acquisition of United PF Holdings, LLC.
United PF Holdings, headquartered in Austin, Texas, is the largest developer and operator of fitness clubs under the Planet Fitness brand serving approximately 1.1 million members across 168 clubs in 14 states.
The Milbank Global Leveraged Finance team was led by partner Lauren Hanrahan and included associates Christopher Kwan, Morgan Lingar and George K. Miller.
