LifeFit Group announces acquisition update, launch of bond refinancing and gives notice of conditional redemption of its outstanding 2019/2025 bonds
14 August 2024
Press release | LifeFit Group MidCo GmbH (the “Issuer”) announces further details regarding Light AcquiCo GmbH’s (“AcquiCo”) (an entity indirectly held by investment funds advised by Waterland Private Equity Investments ) acquisition of LifeFit Group TopCo GmbH (“LifeFit Group”), the Issuer's sole direct shareholder (the “Acquisition”), which shall be part-financed by a new senior secured corporate bond under Swedish law (Nordic Bond) with a target volume of EUR 120,000,000 (the ”New Bonds”) by AcquiCo, where the net proceeds shall also be used to redeem the Existing Bonds.