Equinox starts roadshow Monday for $150 million six-year notes

By Paul A. Harris

St. Louis, Nov. 25 - Equinox Holdings starts the roadshow Monday for an offering of $150 million of senior notes due 2009 (B3 expected/B-), according to a syndicate source.

The deal is expected to price on Dec. 9.

Merrill Lynch & Co. and UBS Investment Bank are joint bookrunners on the Rule 144A deal. Wachovia Securities is co-manager.

The six-year notes will be non-callable for three years.

Equinox will use proceeds to repay debt and for general corporate purposes.

The exercise and fitness company is headquartered in New York City.

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