Moody's rates Dex One B1

Moody's Investors Service said it assigned Dex One Corp. (formerly R.H. Donnelley Corp.) a B1 corporate family rating and B1 probability of default rating based upon the company's proposed reorganized capital structure following its emergence from Chapter 11 bankruptcy.

In addition, Moody's said it assigned a B1 rating to the credit facilities of R.H. Donnelley Inc. and Dex Media East LLC, a Ba3 rating to the credit facility at Dex Media West LLC, a B3 rating to Dex's senior subordinated notes due 2017, and a SGL-2 speculative-grade liquidity rating.

The outlook is stable.

The ratings are based on the company's second amended plan of reorganization, the agency noted.

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