Kroll puts Planet Fitness, Massage Envy ABS on watch for downgrades

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Kroll puts Planet Fitness, Massage Envy ABS on watch for downgrades

Jennifer Kang
April 07, 2020 08:45 PM
Gym Fitness
Young couple is working out at gym. Attractive woman and handsome muscular man are training in light modern gym. Doing plank on kettlebell. Push-up on weights. | Vasyl - stock.adobe.com

Kroll Bond Rating Agency placed all whole business securitizations from Planet Fitness and Massage Envy on negative watch this week, warning that prolonged closure of their businesses will lead to disruption of cash flows to to the bonds.

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