CSC Holdings prices offering of $500 mln of 8-1/2% senior notes - Quick facts
Posted on Wednesday, May 28, 2008 6:11 PM
(RTTNews) - CSC Holdings Inc., a subsidiary of Cablevision Systems Corporation
(CVC), said that it has priced an offering of $500 million of 8-1/2% senior notes due 2015 to certain institutional investors.
The offering is expected to settle and close on June 4, 2008.
CSC Holdings intends to use the net proceeds from the offering to repay at maturity its $500 million of 7.25% senior notes due July 2008.
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