Harron Communications revolver, term A talked at Libor plus 300 bps

By Sara Rosenberg

New York, March 10 - Harron Communications LP is talking its $100 million revolver and $200 million term loan A at Libor plus 300 basis points ahead of the Tuesday bank meeting that will kick off syndication, according to a market source.

As was previously reported, the company's $300 million term loan B is being talked at Libor plus 325 bps with a 1.25% Libor floor and an original issue discount of 991/2.

The term loan B includes 101 soft call protection for one year.

SunTrust Robinson Humphrey, Wells Fargo and Credit Agricole are the lead banks on the $600 million credit facility.

Proceeds will be used to refinance existing debt.

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

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