European fitness operator Basic-Fit N.V. (Euronext Amsterdam: BFIT) has announced plans to explore a €180 million senior unsecured bond issuance with a four-year maturity. The proceeds from the proposed bond offering are intended to refinance the €180 million credit facility utilized for its acquisition of German fitness chain Clever Fit.
The company has mandated Nordea Bank Abp and Coöperatieve Rabobank U.A. as joint global coordinators to organize a series of fixed-income investor meetings, which commenced on September 30, 2026.
By replacing its short-term bridge financing with long-term capital, Basic-Fit aims to extend its debt maturity profile, diversify its funding sources, and optimize long-term financing costs. The completion of the transaction, alongside its final pricing, interest rate, and financial terms, remains subject to prevailing market conditions.
With more than 2,150 clubs and over six million members, Basic-Fit is Europe’s largest fitness operator and franchisor, operating a value-focused subscription model across multiple European markets.
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