Idearc to pay scheduled semiannual interest on 8% notes on Nov. 17

By Susanna Moon

Chicago, Nov. 14 - Idearc Inc. intends to make its semiannual interest payment under its 8% senior notes due 2016 on its scheduled due date of Nov. 17, according to an 8-K filing with the Securities and Exchange Commission.

As previously announced, the company has hired Merrill Lynch & Co. and Moelis & Co. as financial advisers and continues to review alternatives related to the company's capital structure.

Idearc is a Dallas-based provider of yellow and white page directories and related advertising products.

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