R.H. Donnelley Corp. Announces Completion of Additional $500 Million Senior Notes Offering
18 October 2007 - 4:12AM
PR Newswire (US)
CARY, N.C., Oct. 17 /PRNewswire-FirstCall/ -- R.H. Donnelley
Corporation (NYSE: RHD; the "Company"), today announced that it has
completed the issuance of an additional $500 million aggregate
principal amount of its 8.875% series A-4 senior notes due 2017 to
certain institutional investors in an offering exempt from the
registration requirements of the Securities Act of 1933 (the
"Securities Act"). A portion of the net proceeds from the offering
was transferred to Dex Media East LLC, an indirect subsidiary of
the Company ("Dex Media East"), in order to allow Dex Media East to
repay a portion of the term loans outstanding under the existing
Dex Media East credit facility. In addition, the Company
contributed a portion of the net proceeds to R.H. Donnelley Inc., a
wholly owned subsidiary of the Company ("RHDI"), in order to allow
RHDI to repay a portion of the term loans outstanding under RHDI's
credit facility. (Logo:
http://www.newscom.com/cgi-bin/prnh/20060731/NYM044LOGO) The senior
notes were offered to qualified institutional buyers under Rule
144A and to persons outside the United States under Regulation S.
The senior notes offered have not been registered under the
Securities Act and may not be offered or sold in the United States
absent registration or an applicable exemption from the
registration requirements. This press release shall not constitute
an offer to sell or the solicitation of an offer to buy such senior
notes and is issued pursuant to Rule 135c under the Securities Act.
http://www.newscom.com/cgi-bin/prnh/20060731/NYM044LOGO
http://photoarchive.ap.org/ DATASOURCE: R.H. Donnelley CONTACT:
Jenny L Apker or Tom McCallum, both of R.H. Donnelley Inc.,
1-800-497-6329 Web site: http://www.rhd.com/
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