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Published on 3/23/2012 in the Prospect News High Yield Daily.

Harron to price $225 million eight-year notes in March 26 week

By Paul A. Harris

Portland, Ore., March 23 - Harron Communications, LP plans to price a $225 million offering of eight-year senior notes (Caa1) during the March 26 week, according to a market source.

SunTrust Robinson Humphrey and Wells Fargo Securities LLC are the joint bookrunners.

The Rule 144A for life notes come with four years of call protection.

The Frazer, Pa.-based cable services provider plans to use the proceeds to fund the redemption of the remaining 25% equity interest of BV Investment Partners and to repay a portion of its outstanding term loans.


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