R.H. Donnelley units draw down all availability under their revolvers

By Angela McDaniels

Tacoma, Wash., Feb. 13 - R.H. Donnelley Corp. said three of its subsidiaries - R.H. Donnelley, Inc., Dex Media East LLC and Dex Media West LLC - drew down all of the remaining availability under their revolving credit facilities on Friday.

R.H. Donnelley Inc. requested a borrowing of $174 million under its $175 million revolver, Dex Media East requested a borrowing of $97 million under its $100 million revolver, and Dex Media West requested a borrowing of the entire amount under its $90 million revolver.

In an 8-K filing with the Securities and Exchange Commission, the company said it is making the borrowings to preserve its financial flexibility in light of the continuing uncertainty in the global credit markets.

Deutsche Bank Trust Co. America is the administrative agent for R.H. Donnelley Inc.'s revolver, and JPMorgan Chase Bank, NA is the administrative agent for Dex Media East's and Dex Media West's revolvers.

R.H. Donnelley is a Yellow Pages and online local commercial search company based in Cary, N.C.

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