$CLUBQ News
Last published 5y ago
- 5y agoPRTYAMCPEICLUBQ+4Pandemic Spurs Most Bankruptcy Filings Since 2009BloombergMore large U.S. companies filed for bankruptcy in 2020 than in any year since the global financial crisis, after the pandemic tipped swaths of the economy into distress.
- 5y agoCLUBQN.Y. Sports Clubs Ex-Chief Builds Rival Chain With Kennedy LewisBloombergThe former head of New York Sports Clubs, the gym chain that went bankrupt as the Covid-19 pandemic was spreading, is building a new fitness business that could compete with NYSC’s new owners.
- 5y agoFGPRRIGCLUBQENR+3The Late-Year Corporate Bond Blitz Is Finally Set to AbateBloombergCorporate debt sales are finally expected to cool next week due to a typical year-end slowdown, though cheap borrowing costs may be too tempting to bring a complete freeze.
- 6y agoCLUBQEquinox Taps Kirkland & Ellis, Centerview for Debt AdviceBloombergEquinox Holdings Inc., the luxury gym chain, is working with legal and financial advisers as it seeks to manage upcoming debt obligations and ride out pressures from the Covid-19 pandemic, according to people with knowledge of the matter.
- 6y agoCLUBQEquinox Lenders Organize, Tap Akin Gump for Debt TalksBloombergLenders to high-end gym chain Equinox Holdings Inc. have organized and hired a law firm to help protect their holdings as the company seeks to manage its finances amid the pandemic.
- 6y agoHLICLUBQBankrupt New York Sports Clubs Owner Seeks Early November SaleBloombergThe owner of the New York Sports Clubs and Lucille Roberts gyms is seeking to speed up a planned sale of its business in bankruptcy court as pandemic pressures mount in the fitness industry.
- 6y agoMCOCLUBQ24 Hour Fitness Prepares for Bankruptcy While Gyms Start to OpenBloombergGym owner 24 Hour Fitness Worldwide Inc. is preparing for a potential bankruptcy to cut its debt as it re-opens locations across the country with precautions in place for social distancing.
- 6y agoPTONCLUBQFlywheel Studios Said Near Sale to New York Sports Clubs OwnerBloombergFlywheel Sports, the operator of spin boutiques beloved by fitness-obsessed Wall Streeters, is close to selling its studios to the owner of New York Sports Clubs, part of a chain with 630,000 members.