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24 Hour Fitness Cleared To Tap $50M Of $250M Ch. 11 Loan

By Jeff Montgomery ( June 16, 2020, 8:33 PM EDT) -- Bankrupt gym chain 24 Hour Fitness Worldwide Inc. secured the first $50 million of a $250 million loan to fund its Delaware Chapter 11 cases and pandemic recovery Tuesday, after a brisk argument among creditors over an equal-size loan replacement....

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