Cablevision plans to sell $500 million of senior notes
Cablevision Systems Corp., the largest cable television operator in the Lower Hudson Valley, said that it plans to sell $500 million of senior notes to institutional investors through its subsidiary CSC Holdings Inc. The company said that it expects to use proceeds from the offering to repay debt.
Hospital and rehabilitation center operator HealthSouth Corp. said Tuesday it is offering $290 million in senior notes and will use the proceeds to buy back other senior notes.