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Published on 5/10/2019 in the Prospect News CLO Daily and Prospect News High Yield Daily.

Hargray Communications, Oryx Midstream free to trade; Digital Room finalizes loan terms

By Sara Rosenberg

New York, May 10 – Hargray Communications Group Inc. increased the size of its incremental first-lien term loan and set the original issue discount at the tight end of guidance, and then the debt broke for trading on Friday above its issue price.

Another deal to make its way into the secondary market during the session was Oryx Midstream Services (Lower Cadence Holdings LLC).

In other news, Digital Room Holdings Inc. finalized spreads on its first-and second-lien term loans at the high side of talk and firmed the original issue discount at the wide end of guidance and extended the call protection on the first-lien debt, and Vertafore Inc. surfaced with new deal plans.


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