Nexstar, Coinstar, Redbox, LSC Communications, Mediware break; Neiman down with numbers

By Sara Rosenberg

New York, Sept. 26 – Nexstar Broadcasting Group Inc., Coinstar LLC, Redbox Automated Retail LLC, LSC Communications Inc. and Mediware Information Systems Inc. all made their way into the secondary market on Monday, and Neiman Marcus Group Ltd. LLC’s term loan was lower after the release of earnings results.

Moving to the primary market, Consolidated Communications Inc. modified the original issue discount on its well-received term loan B, and Blackboard Inc. downsized its term loan B-4 while updating the spread, original issue discount, consent fee and call premium.

Also, Press Ganey Inc. and Henry Co. LLC accelerated the commitment deadlines on their credit facilities, and Reynolds Group Holdings Inc. and Royalty Pharma Investments Finance Trust approached lenders with new term loans.

In addition, Ancestry.com Operations Inc., CBS Radio Inc., Casella Waste Systems Inc., SRS Distribution Inc., Ardagh Group (Ardagh Holdings USA Inc. and Ardagh Packaging Finance S.A.), Vizient Inc. and Auto Europe all joined this week’s primary calendar.

Ancestry.com scheduled a lender call for 12:30 p.m. ET on Tuesday to launch a $1.35 billion seven-year first-lien term loan B and a $550 million eight-year second-lien term loan.

CBS Radio will hold a bank meeting on Tuesday to launch a $1 billion seven-year term loan B.

Casella scheduled a bank meeting for Tuesday to launch a $500 million credit facility.

SRS Distribution set a lender call for Tuesday to launch a $100 million incremental first-lien term loan.

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