Harron to launch repricing of $250 million term loan B on Tuesday

By Sara Rosenberg

New York, Sept. 24 - Harron Communications LP will hold a conference call at 2 p.m. ET on Tuesday to launch a repricing of its roughly $250 million term loan B, according to a market source.

The repriced loan is being talked at Libor plus 375 basis points with a 1.25% Libor floor, versus current pricing of Libor plus 400 bps with a 1.5% Libor floor, the source said.

Lenders will be offered the repriced loan at par.

SunTrust Robinson Humphrey Inc. is the lead bank on the deal.

Harron Communications is a Frazer, Pa.-based provider of digital television, high-speed internet, digital phone and business services.

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