SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported): April 30, 1999
BALLY TOTAL FITNESS HOLDING CORPORATION
(Exact name of registrant as specified in its charter)
Commission file number: 0-27478
Delaware 36-3228107
(State or other jurisdiction of (I.R.S. Employer
incorporation) Identification No.)
8700 West Bryn Mawr Avenue, Chicago, Illinois 60631
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (773) 380-3000
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Exhibit Index on Page 2
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BALLY TOTAL FITNESS HOLDING CORPORATION
FORM 8-K
Current Report
Item 5. Other Events
On April 30, 1999, Bally Total Fitness Holding Corporation announced
that it successfully extended the initial maturity of its $160
million securitization facility. A copy of the press release is
attached as Exhibit 99 hereto and is incorporated herein by
reference.
Item 7. Financial Statements and Exhibits
c. Exhibits
99 Press Release dated April 30, 1999
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
BALLY TOTAL FITNESS HOLDING CORPORATION
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Registrant
Dated: April 30, 1999 /s/ John W. Dwyer
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John W. Dwyer
Executive Vice President, Chief Financial Officer
and Treasurer
(principal financial officer)
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EXHIBIT 99
FROM: BALLY TOTAL FITNESS CORPORATION
8700 West Bryn Mawr, 2nd Floor
Chicago, Illinois 60631
THE MWW GROUP
Public Relations - Tel. (201) 507-9500
Contact: Pete Holmberg - Email: [email protected]
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FOR IMMEDIATE RELEASE
BALLY TOTAL FITNESS ANNOUNCES EXTENSION OF ITS $160 MILLION
SECURITIZATION FACILITY
Chicago, IL, April 30, 1999 -- Bally Total Fitness Holding Corporation
(NYSE: BFT) announced today that it successfully extended the initial maturity
of its $160 million securitization facility. As a result, the revolving period
of the facility has been extended to July 2001, while other features remain
unchanged, including the fixed coupon rate of 8.43%. Chase Securities Inc. acted
as agent for Bally in connection with this transaction.
Bally Total Fitness is the largest, and only nationwide, commercial
operator of fitness centers, with approximately four million members and 335
facilities located in 27 states and Canada.
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