NEW YORK: CNG Holdings and Affinity Gaming both hit the US high-yield market on Friday, braving a market thinned by a weaker-than-expected April jobs report.

CNG Holdings CNGHS.UL upsized its B3/B rated eight-year non-call four senior secured notes to US$400m from US$350m with the deal pricing on the tight end of talk at 9.375% at par.

Credit Suisse, Jefferies and Wells Fargo were joint books on the deal. The proceeds will be used to fund a tender of the company's existing US$200m 12.25% senior secured notes and US$60m 13.75% senior subordinated notes.

The additional proceeds will be used for general corporate purposes. CNG Holding (Check 'n Go) provides payday loans, check cashing and other financial services.

Affinity Gaming's US$200m eight-year non-call four senior notes, rated Caa1/B, are expected to price later today. Deutsche Bank, JP Morgan, Jefferies and Macquarie are joint books on the deal, which will be used to repay bank debt.

Finally, talk of 7.75% came out on Ruby Tuesday's US$250m eight-year non-call four senior notes, with pricing slated for Monday afternoon. BofA Merrill is sole lead, with the proceeds of the deal going towards the repayment of the revolver, redemption of series B senior notes and repayment of bank loans.

In the secondary market, the CDX HY18 is down half a point at 96.875 as markets dropped on the weak US jobs report and poor economic data out of Europe.