InSight withdraws IPO

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InSight Health Services Holdings Corp. has filed its application with the Securities and Exchange Commission (SEC) to withdraw a registration statement which it had filed on June 23 in connection with its proposed initial public offering of Income Deposit Securities and related public offering of senior subordinated notes. Insight said it withdrew its registration statement due to current market conditions and public offerings.

In connection with the withdrawal, InSight said its subsidiary, InSight Health Services Corp., will not be commencing a offer and consent solicitation for all of its outstanding $250 million aggregate principal amount of 9 7/8 percent senior subordinated notes due 2011 as described in the registration statement.

The registration statement was not yet declared effective by the SEC and no securities had been offered or sold under the registration statement.