Insight Communications Co on Wednesday
sold $400 million of senior notes in the 144a private placement
market, said IFR, a Thomson Reuters service. Bank of America Merrill Lynch, JP Morgan, Credit Suisse
and Morgan Stanley were the joint bookrunning managers for the
sale.
BORROWER: INSIGHT COMMUNICATIONS CO
AMT $400 MLN COUPON 9.375 PCT MATURITY 7/15/2018
TYPE SR NTS ISS PRICE 100 FIRST PAY 1/15/2011
MOODY'S B3 YIELD 9.375 PCT SETTLEMENT 7/7/2010
S&P B-MINUS SPREAD 684 BPS PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS NON-CALLABLE 3 YRS*
*MAKE-WHOLE-CALL 50 BPS
Spotted here