Navigation Links
Equinox Holdings, Inc. Commences $400 Million Private Debt Offering
Date:1/15/2010

NEW YORK, Jan. 15 /PRNewswire/ -- Equinox Holdings, Inc. (the "Company") announced today that it intends to commence a private offering to eligible purchasers, subject to market and other conditions, of $400 million principal amount of Senior Secured Notes due 2016 (the "Notes").  The Notes will be guaranteed on a senior secured basis by all of the Company's existing and future subsidiaries that guarantee the Company's new revolving credit facility, which will be entered into in connection with the issuance of the Notes (the "New Revolving Credit Facility").  The Notes and the guarantees thereof will be secured by a second-priority lien on the assets that secure the New Revolving Credit Facility, subject to certain limited exceptions.  The net proceeds from the sale of the Notes and cash on hand, together with proceeds from the concurrent private sale of notes by the Company's indirect parent, Related Equinox Holdings II, L.L.C. ("Holdings") (which notes will not be guaranteed by the Company or any of its subsidiaries), are expected to be used to refinance the Company's and Holdings' existing notes.

The Notes have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or any state securities laws, and unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering, solicitation or sale would be unlawful.

This press release contains "forward-looking statements," within the meaning of the Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties.  Forward looking statements, which are based on management's current expectations, are generally identifiable by the use of terms such as "may," "will," "expects," "believes," "intends," "anticipates" and similar expressions.  Because these forward-looking statements involve known and unknown risks and uncertainties, there are important factors that could cause actual results, events or developments to differ materially from those expressed or implied by these forward-looking statements.  Readers are cautioned not to place undue reliance on such forward-looking statements. All information is current as of the date this press release is issued, and the Company undertakes no duty to update this information.

SOURCE Equinox Holdings, Inc.


'/>"/>
SOURCE Equinox Holdings, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related medicine news :

1. Resolve for Results: 10 Tips From Equinox Fitness Club to Help You Keep Your Resolutions in 09
2. Equinox Fitness Clubs Grows With The Flow
3. Equinox Fitness Clubs Continues National Expansion with the Opening of its Second Boston Location
4. Here Comes the Sun: Celebrity Equinox Named in Southampton
5. Pump Up The Volume: Equinox Releases Exclusive Celebrity Playlists
6. Equinox Introduces its Second Pure Yoga Studio on the Upper West Side
7. Equinox Fitness Clubs Opens Second Texas Location In Preston Hollow
8. China Shenghuo Pharmaceutical Holdings, Inc. Begins Full-Scale Launch of 12Ways(R) Chinese Herbal Skin Care Product Line
9. AHPC Holdings, Inc. Announces Intent to Deregister Common Stock With Securities and Exchange
10. Siemens Announces Early Termination of Hart-Scott-Rodino Waiting Period For Acquisition of Dade Behring Holdings, Inc.; U.S. Antitrust Clearance Achieved
11. Platinum Underwriters Holdings, Ltd. to Report Third Quarter 2007 Results on October 23, 2007
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/24/2017)... New York, NY (PRWEB) , ... March 24, ... ... a global scale; from third world countries to hospitals in the United States, ... sparks a conversation on the current obstacles facing infection prevention and offers strategies ...
(Date:3/24/2017)... , ... March 24, 2017 , ... Texas Physical ... can be found at 9618 Huebner Road. The clinic is the group’s 7th location ... Director, and Dr. Ali Higgins, PT, will provide care from the clinic, which opened ...
(Date:3/24/2017)... ... March 24, 2017 , ... In just two days, Aqua ... micro-veggies garden on Kickstarter . Surpassing the $100,000 milestone so quickly,10-times the ... consumers (and counting) already backing the campaign. , “We are very grateful ...
(Date:3/24/2017)... County, NY (PRWEB) , ... March 24, 2017 , ... ... Somers and White Plains, N.Y., is pleased to announce Westchester resident Lauren C. Enea ... a law clerk for the firm, will concentrate her practice in elder law, Medicaid ...
(Date:3/24/2017)... ... 2017 , ... Judy Buchanan, co-owner of Serenity Natural Health ... says, “I am passionate about sharing Reiki as a holistic, complementary therapy with ... time.” , A Certified Medical Reiki™ Master trained by Raven Keys Medical Reiki™ ...
Breaking Medicine News(10 mins):
(Date:3/24/2017)... ShangPharma, a leading life science ... development and discovery services, technology, and investment ... today the intent for a strategic corporate ... the Contract Research Organizations (CRO) and Contract ... entities include ChemPartner Shanghai, ChemPartner Fengxian, ChemPartner ...
(Date:3/24/2017)... Mar 24, 2017 Research and Markets has ... and Diagnostics, 2017 - 2035" report to their offering. ... The Deep Learning: Drug ... future outlook of the growing market of deep learning solutions within ... learning algorithms have emerged as a novel solution to generate relevant ...
(Date:3/24/2017)... Research and Markets has announced the addition of the ... their offering. ... provides separate comprehensive analytics for the US, Canada , ... Asia-Pacific , Latin America , and Rest of ... 2022. Also, a six-year historic analysis is provided for these markets. Market ...
Breaking Medicine Technology: