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R.H. Donnelley to sell $300 million notes
New York, Jan. 10 - R.H. Donnelley Corp. said it plans to sell $300 million of senior notes.
The securities will be sold via Rule 144A.
The Cary, N.C., directory publisher will use proceeds to buy back 50% of its outstanding convertible preferred stock for $277.2 million from investment partnerships affiliated with The Goldman Sachs Group, Inc. and for general corporate purposes.
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