loan news

Equinox has raised US$1.8 billion in cash to refinance US$1.5 billion of maturing loans. The deal will also boost cashflow and give it a chunk ... More

KSL-owned Third Space has unveiled its latest club in Wimbledon, south-west London. The development marks the first of many forays into residential locations for the ... More

PureGym’s holding company, Pinnacle Bidco, has completed the £805m refinancing which was announced on Tuesday this week, with the rapid, one-day take-up of the offering ... More

Pure Gym’s holding company, Pinnacle Bidco plc, has set out to raise £805m through issuing loan notes. The money will be used to refinance existing ... More

David Lloyd Leisure has been fined more than £2.5m after pleading guilty to charges brought under the UK's Health and Safety at Work Act. The ... More

Total Fitness is looking to expand its operations and upgrade its club portfolio after securing a £6.5m loan from OakNorth Bank. The health club operator ... More

Fitness First has filed a Court Order for restructuring at Companies House in the UK – the document is currently being processed, with details due ... More

Delegates from across Europe and the US gathered from 3-5 May 2023 for the Themed Entertainment Association’s SATE conference at Europa-Park in Rust, Germany. The ... More

One of the world’s tallest hotels made almost exclusively from wood, has officially opened at the birthplace of cross-country skiing, Skellefteå in Swedish Lapland, with ... More

Michelle Donelan has been appointed secretary of state for digital, culture, media and sport by the UK’s new prime minister, Liz Truss. As a 15-year-old ... More

Eleven local authority areas in England are sharing £12.7m as part of a multi-year funding programme to deliver social prescriptions for walking and cycling. The ... More

The Horniman Museum in London, UK has agreed to return a collection of artefacts looted in the 19th Century from the Kingdom of Benin. The ... More

Mark Wahlberg- and David Beckham-backed F45 Training has announced a reduction in its core workforce of 110 employees with the aim of cutting its cost ... More

Following a history of supporting US military and service members, F45 has announced a new initiative called F45 After, which offers US military personnel exclusive ... More

Multi-brand fitness chain Urban Gym Group (UGG) has raised €16m in capital. The funds will be used to drive company growth through acquisitions, branching out ... More

Evolution Wellness has closed all its Fitness First operations in Hong Kong. The pandemic’s impact and the government’s Zero COVID strategy proved too much for ... More

Location and cost are the top considerations for consumers when it comes to choosing a health club – while concerns about being around unvaccinated people ... More

Saudi Arabia's General Entertainment Authority (GEA) has pledged to provide SAR500m (US$133m, €112m, £96m) worth of loans to companies, in order to create new attractions ... More

Holmes Place has confirmed to HCM that it has disposed of 10 clubs from its Spanish portfolio to focus investment on the growth of TRIB3. ... More

Rowbots, the boutique fitness brand co-founded by star footballer Gareth Bale, has revealed plans to open its second London studio. Set to open on 17 ... More

It is unlikely that the UK will see a Work Out to Help Out scheme being introduced, despite sports minister Nigel Huddleston saying he "understood" ... More

The Gym Group saw its revenues cut by nearly half during the pandemic, a direct result of the group losing 45 per cent of its ... More

Chancellor Rishi Sunak has unveiled an additional £700m funding boost for sports and culture, as part of plans to help the UK economy recover from ... More

The pandemic cost the US visitor attractions an estimated US$23bn in economic losses during 2020, while the sector also suffered job losses five times larger ... More

Coventry, the UK City of Culture in 2021, wants to seize a once-in-a-lifetime opportunity to create an arts hub to establish the city as an ... More