January 19, 2010 (FinancialWire) — Equinox Holdings, Inc. said 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 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.

Equinox plans to use 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., to refinance the company’s and Holdings’ existing notes.

Equinox Holdings operates a network of fitness clubs in the United States.

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