24 Hour Fitness Worldwide, Inc -- Moody's says 24 Hour Fitness' planned acquisition of 32 Bally clubs is a credit positive; no impact on B2 CFR

New York, December 10, 2014 -- Moody's Investors Service said that 24 Hour Fitness Worldwide, Inc.'s ("24 Hour Fitness") agreement to purchase 32 Bally Total Fitness ("Bally") clubs for cash is a credit positive for the company because it expands the company's club portfolio while slightly reducing leverage. The investment enhances the company's ability to meet our expectation that leverage will approach 6.0x by the end of 2015. The acquisition has no impact on the company's B2 Corporate Family Rating, its debt instrument ratings, or the stable rating outlook.

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