Printer Friendly

CABLEVISION INDUSTRIES $150 MILLION OF DEBT SECURITIES REGISTERED WITH SEC

                CABLEVISION INDUSTRIES $150 MILLION OF
                  DEBT SECURITIES REGISTERED WITH SEC
    LIBERTY, N.Y., Nov. 13 /PRNewswire/ -- Cablevision Industries Corporation (CVI) today announced that it has filed with the Securities and Exchange Commission a registration statement for $150,000,000 of senior notes due 2002.  The net proceeds from the offering will be used for the redemption at par or repurchase of a portion of CVI's outstanding 15-1/4 percent senior subordinated discount notes due 1996.
    CVI is the ninth largest independent cable television operator in the United States, serving in excess of 1,000,000 subscribers in 18 states.
    Morgan Stanley & Co Incorporated will be the lead manager of the issue; the co-managers are the First Boston Corporation and Lazard Freres & Co.
    A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective.  These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
    A copy of the registration statement may be obtained by contacting Cablevision Industries Corporation, Cablevision Center, Liberty, N.Y., 12754; Telephone: 914-292-7550.
    -0-             11/13/91
    /CONTACT: Rocco B. Commisso of Cablevision Industries, 914-292-7550/ CO:  Cablevision Industries Corporation ST:  New York IN:  ENT SU:  OFR SM-JT -- NY029 -- 3864 11/13/91 10:44 EST
COPYRIGHT 1991 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 13, 1991
Words:273
Previous Article:AMERICAN GENERAL ANNOUNCES INCREASED INVESTMENT HOLDINGS
Next Article:DER RECEIVES FIRST REPORT BY CHEM-NUCLEAR FOR LOW-LEVEL SITE
Topics:


Related Articles
CABLEVISION INDUSTRIES CORPORATION PRICES $300 MILLION SENIOR NOTES
CABLEVISION INDUSTRIES CORPORATION TO ISSUE $200 MILLION OF SENIOR DEBENTURES
JONES INTERCABLE $150 MILLION SENIOR DEBENTURES RATED 'BB' BY FITCH -- FITCH FINANCIAL WIRE --
Cablevision Systems Teams With Bay Networks to Deliver High-Speed Internet Services to Cable Subscribers in Long Island
ITT to Sell 50 Percent Stake in Madison Square Garden To Cablevision For $650 Million
TCI to Transfer Ownership of New York Area Cable Systems to Cablevision in Exchange for Equity Position
Cablevision and @Home Network Announce Affiliate Relationship to Deliver High-Speed Internet Services
CableVision S.A. Remains on S&PWatch; Refinancing Update.
Cablevision Agrees to Sell Ohio Cable Systems to Adelphia.
MGM SELLING STAKE IN THREE CHANNELS.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters