InSight files for IPO of income deposit securities

The parent of imaging services provider InSight Health Services, InSight Health Services Holdings, has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of income deposit securities (IDSs).

The IDSs represent shares of InSight's class A common stock and senior subordinated notes. The registration statement also reflects the offering of separate subordinated notes of the same series as the senior subordinated notes represented by the IDSs, according to the Lake Forest, CA-based firm.

In connection with the plan, InSight Health Services will commence a tender offer and consent solicitation for all of its outstanding $250 million aggregate principal amount of 9⅞% senior subordinated notes due 2011. CIBC World Markets and Banc of America Securities will be the joint book-running managers for the offerings.

By AuntMinnie.com staff writers
June 24, 2004

Related Reading

InSight buys 21 imaging centers, April 6, 2004

Cardinal to sell more CMI centers to InSight, February 16, 2004

InSight completes purchase of CDL assets, August 4, 2003

InSight moves toward expansion in eastern U.S., June 23, 2003

InSight promotes Drazba, May 22, 2003

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