Life Time Group Holdings, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Cover
- Audit Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details
Uncategorized
- Uncategorized Items - lth-20211231.htm

Debt - Term Loan Facility (Details)

v3.22.0.1

Debt - Term Loan Facility (Details) - USD ($)	Dec. 31, 2021	Oct. 13, 2021	Oct. 12, 2021	Jan. 22, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Outstanding balance	$ 1,799,246,000				$ 2,272,596,000
Prior Senior Secured Credit Facility \| Prior Term Loan Facility, retired January 2021
Debt Instrument [Line Items]
Outstanding balance				$ 1,471,600,000	$ 1,471,600,000
Repayments of debt				1,129,200,000
Amended Senior Secured Credit Facility \| Term Loan Facility, maturing December 2024
Debt Instrument [Line Items]
Outstanding balance	$ 273,600,000
Aggregate principal amount				850,000,000
Cash proceeds received				507,600,000
Amount rolled over				$ 342,400,000
Repayments of debt		$ 575,700,000	$ 575,700,000
Amortization rate				0.25%
Mandatory quarterly principal repayments				$ 2,100,000
Prepayment penalty		$ 5,700,000
Floor interest rate	1.00%
Amended Senior Secured Credit Facility \| Term Loan Facility, maturing December 2024 \| Minimum
Debt Instrument [Line Items]
Interest repayment term				30 days
Amended Senior Secured Credit Facility \| Term Loan Facility, maturing December 2024 \| Maximum
Debt Instrument [Line Items]
Interest repayment term				180 days
Amended Senior Secured Credit Facility \| Term Loan Facility, maturing December 2024 \| LIBOR
Debt Instrument [Line Items]
Basis spread on variable interest rate	4.75%
Amended Senior Secured Credit Facility \| Term Loan Facility, maturing December 2024 \| Base rate
Debt Instrument [Line Items]
Basis spread on variable interest rate	3.75%

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