Moody's rates Harron loan Ba3

Moody's Investors Service said it assigned a Ba3 to the proposed first-lien credit facility of MetroCast Cablevision of New Hampshire, LLC, Gans Communications, LP, MetroCast Communications of Connecticut, LLC, and MetroCast Communications of Mississippi, LLC, wholly owned operating subsidiaries of Harron Communications, LP.

The proposed credit facility consists of a $60 million revolver, a $180 million term loan A, and a $225 million term loan B, which the company intends to use primarily to repay existing first-lien debt, the agency said.

All other ratings, including Harron's B2 corporate family rating, are unchanged.

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