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Dex Media West to repay some term B debt with bond proceeds
By Sara Rosenberg
New York, Nov. 9 - Dex Media Inc. plans to repay some of the Dex Media West term loan B using proceeds from a proposed $200 million senior notes offering, according to a company news release.
Furthermore, during the third quarter, Dex Media Inc. repaid $115.4 million of bank debt using cash from operating activities and proceeds from its initial public offering.
And, during the first nine months of 2004, the company has repaid a total of $337.4 million of bank debt.
Dex Media is an Englewood, Colo., directory publisher.
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