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Prospect News home > News index > List of issuers S > Headlines for SuperMedia Inc. > News item
Published on 4/24/2013 in the Prospect News Bank Loan Daily and Prospect News Distressed Debt Daily.

SuperMedia, Dex Media CDS auctions bring 74.625, 78.875 initial prices

By Susanna Moon

Chicago, April 24 - SuperMedia Inc. and Dex Media West, Inc. auctions were held Wednesday to settle loan credit default swap trades.

The initial market midpoint price was set at 74.625 for SuperMedia and at 78.875 for Dex Media West.

Markit Group Ltd. said on April 19 that SuperMedia and Dex Media West were removed from the Markit LCDX after bankruptcy credit events occurred for both companies.

Dex One Corp. is a Cary, N.C.-based marketing services provider. SuperMedia is a Dallas-based directory publisher. The companies filed for bankruptcy on March 18. Dex One's Chapter 11 case number is 13-10533, and SuperMedia's is 13-10545.


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