Global Value Investing

[throwerw]

DEXO Wow! This is almost all of the subordinated notes, if I remember correctly. Anybody still holding or did you tender?

http://www.marketwatch.com/story/dex-one-corporation-announces-closing-of-cash-tender-offer-for-12-14-senior-subordinated-notes-due-2017-2012-04-19

CARY, N.C., Apr 19, 2012 (BUSINESS WIRE) -- Dex One Corporation DEXO -1.98% , a leading marketing services company, announced today that it has accepted for purchase approximately $98 million in principal amount of its approximately $311 million aggregate outstanding principal amount of 12% / 14% Senior Subordinated Notes due 2017 (the "Notes") that were validly tendered and not validly withdrawn pursuant to its previously announced cash tender offer for the Notes (the "Tender Offer").

The Tender Offer was made pursuant to the Offer to Purchase dated March 20, 2012 and the related Letter of Transmittal. The Tender Offer expired at 9:00 a.m. New York City time, on April 19, 2012. The total consideration paid by the company for Notes accepted for purchase was $270 per $1,000 aggregate principal amount of such Notes plus an amount in cash in lieu of the accrued and unpaid interest on such Notes, calculated at a rate of 12% per annum (the applicable rate for interest payments on the Notes made solely in cash) on the aggregate principal amount of such Notes from March 31, 2012 to, but not including, April 19, 2012.