Covenant Surgical, Crosby and RCN free to trade; Nexstar revises loan; PGS pulls deal

By Sara Rosenberg

New York, June 19 – Covenant Surgical Partners Inc. added a delayed-draw first-lien term loan to its capital structure, firmed the spread on its funded first-lien term loan at the low end of talk and then broke for trading on Wednesday, and deals from Crosby US Acquisition Corp. and RCN (Radiate Holdco LLC) emerged in the secondary market too.

In more happenings, Nexstar Media Group Inc. changed the original issue discount on its incremental term loan B, and PGS ASA (Petroleum Geo Services) withdrew its credit facilities from market.

Also, Areas Worldwide released price talk with launch, and Cypress Performance Group (Encapsys LLC) and Consolidated Container Co. LLC joined this week’s primary calendar.

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