Insight Unit Announces Bond Offering

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Two Insight Communications Co. Inc. subsidiaries are bonding.

Insight Midwest L.P. and Insight Capital Inc. Thursday announced a $125 million bond offering to repay a portion of outstanding debt under a subsidiary's revolving credit facility.

The offering will be a private placement under Rule 144A of the Securities Act of 1933 and will be made only to qualified institutional buyers and to certain persons in offshore transactions in reliance on Regulation S.

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