R. H. Donnelley Corporation http://www.alacrastore.com/company-snapshot/R_H_Donnelley_Corporation-1005118 Sunday, October 12, 2008 11:20:17 PM 1005118 R. H. Donnelley Corporation en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/newstex/PRN-0005-28525807newstex/PRN-0005-28525807xml CARY, N.C., Oct. #, #### (PRNewswire-FirstCall delivered by Newstex) -- R.H. Donnelley (NYSE: RHD), a leading print and online local search company, today announced the appointment of Sean W. Greene, ##, as senior vice president of...04000000040160000900000009015000040100000401000110/3/2008 11:19:42 AM1800000018007000190000001900100019001033PR Newswire USPRN-0005-28525807R H DONNELLEY CORPDAVID C SWANSONRHDNewsNewstexhttp://www.alacrastore.com/storecontent/fitch/440077_pr_framefitch/440077_pr_framehtmlFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.AMC Entertainment Holdings, Inc.AMC Entertainment Inc.Belo CorporationCapital Cities/ABC, IncorporatedCBS Broadcasting, Inc.Cox Enterprises, Inc.Cox Radio, Inc.DEX Media East LLCDEX Media West LLCDEX Media, Inc.Disney Enterprises IncorporatedHearst-Argyle Television, Inc.Liberty Media LLCMarquee Holdings Inc.News America Holdings IncorporatedNews America IncNews CorporationNews Corporation Finance Trust IIOmnicom Capital, Inc.Omnicom Finance PlcOmnicom Finance, Inc.Omnicom Group Inc.QVC IncR. H. Donnelley CorporationR. R. Donnelley & Sons CompanyR.H. Donnelley, Inc.Regal Cinemas CorporationRegal Entertainment Group, Inc.Reuters Finance plcReuters Group LimitedSIX Flags Operations, Inc.Six Flags Theme Parks Inc.Six Flags, Inc.The Dun & Bradstreet CorporationThe Interpublic Group of Cos., Inc.The McGraw-Hill CompaniesThe Walt Disney CompanyThomson Reuters Corp.Time Warner Entertainment CompanyTime Warner, Inc.Tribune CompanyUnivision Communications, Inc.Viacom, Inc.Warner Music Group CorpWmg Acquisition CorpWmg Holdings Corp800890968008912880089129800891468008918080089378800894078008966280090149800902848009042580090506800905598009056880091279800912868009174380091806800923788036049780361431806132388061422980670490808334048083341180833418811534358229630882699276827244748272448082727879827279678286163583177815832814618328146483281476845032958470947584709483858564758597987386968551869685618699879987027952872957789/30/2008 2:18:00 PM010000000103000001030400010307000103160001032100010400000107000085Press ReleaseBLCCXRDISDNBHTVIPGMHPNWSOMCRGCRHDRRDSIXTRITWXVIAWMG440077_pr_frameCredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/fitch/405686_report_framefitch/405686_report_framepdfFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.AMC Entertainment Holdings, Inc.AMC Entertainment Inc.Belo CorporationCapital Cities/ABC, IncorporatedCBS Broadcasting, Inc.Cox Enterprises, Inc.Cox Radio, Inc.DEX Media East LLCDEX Media West LLCDEX Media, Inc.Disney Enterprises IncorporatedHearst-Argyle Television, Inc.Liberty Media LLCMarquee Holdings Inc.McClatchy CompanyNews America Holdings IncorporatedNews America IncNews CorporationNews Corporation Finance Trust IIOmnicom Capital, Inc.Omnicom Finance PlcOmnicom Finance, Inc.Omnicom Group Inc.QVC IncR. H. Donnelley CorporationR. R. Donnelley & Sons CompanyR.H. Donnelley, Inc.Regal Cinemas CorporationRegal Entertainment Group, Inc.Reuters Finance plcReuters Group LimitedSIX Flags Operations, Inc.Six Flags Theme Parks Inc.Six Flags, Inc.The Dun & Bradstreet CorporationThe Interpublic Group of Cos., Inc.The McGraw-Hill CompaniesThe Nielsen Company BVThe Walt Disney CompanyThomson Reuters Corp.Time Warner, Inc.Tribune CompanyUnivision Communications, Inc.Viacom, Inc.Warner Music Group CorpWmg Acquisition CorpWmg Holdings Corp800890968008912880089146800891808008937880089407800896628009014980090284800904258009050680090559800905688009127980091286800917438009180680092378803604978036143180613238806704908083340480833411808334188115343581393454822963088269927682724474827244808272787982727967828616358317781583281461832814648328147683444468845032958470947584709483858564758597987386862542869685518699879987027952872957789/29/2008 6:31:00 PM0100000001030000010304000103070001031600010321000104000001070000275Special ReportBLCCXRDISDNBHTVIPGMHPMNINWSOMCRGCRHDRRDSIXTRITWXVIAWMG405686_report_frameCredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/ccbn/T1971658ccbn/T1971658norm... - Goldman Sachs - AnalystGood afternoon, everyone. Thank you very much for coming. I'm Peter Salkowski. I work for Goldman Sachs covering the Information Services and Media companies here at Goldman Sachs. We have, this afternoon, management -- CFO, Steve Blondy from R.H. Donnelley, and Director of Research, Dirk Van Dijk. What's the title there? VP, Finance, Mr. Gruskin, as well. So, welcome very much. Thank you for coming. Mr. Blondy is going to start with a few slides on the Company, and then we'll go into Q&A after that. Reminder, you do have #x# cards on your table. If you have any questions, you want to write them down; we'll have someone around and pick them up in a little bit. ... 9/18/2008 9:04:00 PMR.H. Donnelley Corporation54.0000FinalR.H. Donnelley Corporation at Goldman Sachs Communacopia Conference TranscriptRHD2:40pm ETTranscriptT1971658Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/fitch/435417_pr_framefitch/435417_pr_framehtmlFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.AMC Entertainment Holdings, Inc.AMC Entertainment Inc.Belo CorporationCBS CorporationCox Enterprises, Inc.DEX Media East LLCDEX Media West LLCDEX Media, Inc.Hearst-Argyle Television, Inc.Liberty Media LLCMarquee Holdings Inc.McClatchy CompanyNews CorporationOmnicom Group Inc.R. H. Donnelley CorporationR. R. Donnelley & Sons CompanyR.H. Donnelley, Inc.Regal Entertainment Group, Inc.Reuters Finance plcReuters Group LimitedSIX Flags Operations, Inc.Six Flags Theme Parks Inc.Six Flags, Inc.The Dun & Bradstreet CorporationThe Interpublic Group of Cos., Inc.The McGraw-Hill CompaniesThe Walt Disney CompanyThomson Reuters Corp.Time Warner Cable Inc.Time Warner Entertainment CompanyTime Warner, Inc.Tribune CompanyUnivision Communications, Inc.Viacom, Inc.Warner Music Group Corp800890968008912880089129800891808008921480089378800894078009014980090506800905598009056880091279800917438009180680092378803604978061323880670490808334048095066481153435822963088269927682724474827244808272787982727967828616358317781583281461834444688470947585979873869685518696856186998799872957789/16/2008 6:27:00 PM0100000001030000010304000103070001032100010400000107000085Press ReleaseBLCCBSDISDNBHTVIPGMHPMNINWSOMCRGCRHDRRDSIXTRITWCTWXVIAWMG435417_pr_frameCredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/fitch/401446_report_framefitch/401446_report_framepdfFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.AMC Entertainment Holdings, Inc.AMC Entertainment Inc.Belo CorporationCapital Cities/ABC, IncorporatedCBS Broadcasting, Inc.Cox Enterprises, Inc.Cox Radio, Inc.DEX Media East LLCDEX Media West LLCDEX Media, Inc.Disney Enterprises IncorporatedHearst-Argyle Television, Inc.Liberty Media LLCMarquee Holdings Inc.McClatchy CompanyNews America Holdings IncorporatedNews America IncNews CorporationNews Corporation Finance Trust IIOmnicom Capital, Inc.Omnicom Finance, Inc.Omnicom Group Inc.QVC IncR. H. Donnelley CorporationR. R. Donnelley & Sons CompanyRegal Cinemas CorporationRegal Entertainment Group, Inc.Reuters Finance plcReuters Group LimitedSIX Flags Operations, Inc.Six Flags Theme Parks Inc.Six Flags, Inc.The Dun & Bradstreet CorporationThe Interpublic Group of Cos., Inc.The McGraw-Hill CompaniesThe Nielsen Company BVThe Walt Disney CompanyThomson Reuters Corp.Time Warner, Inc.Tribune CompanyUnivision Communications, Inc.Viacom, Inc.Warner Music Group CorpWmg Acquisition CorpWmg Holdings Corp80089096800891288008914680089180800893788008940780089662800901498009028480090506800905598009056880091279800912868009174380091806800923788036049780361431806132388067049080833404808334118083341881153435813934548229630882699276827244748272787982727967828616358317781583281461832814648328147683444468845032958470947584709483858564758597987386862542869685518699879987027952872957789/16/2008 6:27:00 PM0100000001030000010304000103070001031600010321000104000001070000275Special ReportBLCCXRDISDNBHTVIPGMHPMNINWSOMCRGCRHDRRDSIXTRITWXVIAWMG401446_report_frameCredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/cs/73286cs/73286norm R.H. Donnelley #Q## Tearsheet RHD has a high-margin business model with solid cash flows, but its predictability is in question.RHD recommitted to paying down debt when equity investors exited the stock en masse. RHD risk premiums are...tearsheets/premium139/1/2008 11:06:44 PM15073286614YesC21Tearsheet172873286Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/cs/72483cs/72483norm RHD #Q##: Donnelley Double Take R.H. Donnelley cut its outlook for advertising spending as economic weakness and high oil prices weighed on its small business customers Yet, the company cut expenses enough to mitigate the fall in GAAP...724831182YesD0Article20311728corphy1333Capital Structure66Earnings Reports - TMT42High Yield7/30/2008 10:05:33 PM150R.H. Donnelley's results were a repeat of the cyclical theme reported by Idearc, but without the windshear in what may be an oversold equity and credit market. EBITDA was steady as Donnelley managed cost cuts and integration synergies.72483Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/fitch/427693_pr_framefitch/427693_pr_framehtmlFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.R. H. Donnelley CorporationR.H. Donnelley, Inc.82724474827244807/30/2008 6:31:00 PM010300000103070085Press ReleaseRHD427693_pr_frameCredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/ccbn/B1902798ccbn/B1902798norm...Despite challenging environment, was able to deliver strong adjusted EBITDA of $###m in line with #Q##. ... 7/30/2008 4:06:00 PMR.H. Donnelley Corporation54.0000EditedR.H. Donnelley Corporation Q2 2008 Earnings Conference Call SummaryRHD10:00am ETBriefB1902798Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T1902798ccbn/T1902798norm...Good morning, ladies and gentlemen. Welcome to the R.H. Donnelley Second Quarter #### Results Investor Conference Call. (OPERATOR INSTRUCTIONS) I would now like to turn the call over to Mr. Jim Gruskin. Mr. Gruskin, you may begin. ... 7/30/2008 4:06:00 PMR.H. Donnelley Corporation54.0000FinalR.H. Donnelley Corporation Q2 2008 Earnings Conference Call TranscriptRHD10:00am ETTranscriptT1902798Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/newstex/PRN-0005-27029514newstex/PRN-0005-27029514xml CARY, N.C., Jul. ##, #### (PRNewswire-FirstCall delivered by Newstex) -- R.H. Donnelley Corporation (NYSE: RHD), one of the nation's leading Yellow Pages and online local commercial search companies, today reported second quarter ####...040000000401600004016048040160180401600104016005040100000401000104003000040030057/30/2008 8:18:16 AM18000000180080001800400018016000PR Newswire USPRN-0005-27029514R H DONNELLEY CORPDAVID C SWANSONSTEVEN M BLONDYRHDNewsNewstexhttp://www.alacrastore.com/storecontent/fitch/394682_report_framefitch/394682_report_framepdfFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.DEX Media East LLCDEX Media West LLCDEX Media, Inc.R. H. Donnelley CorporationR.H. Donnelley, Inc.80092378806704908115343582724474827244807/28/2008 6:29:00 PM010300000103070001040000275Special ReportRHD394682_report_frameCredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/spcred/554415spcred/554415normThe latest Full Report from S&Pglobalstructured7/11/2008 2:43:31 AM400Full Report554415United StatesPublishingUnited StatesGlobal IssuersStructured FinanceCorporationsAsset-Backed SecuritiesMedia & EntertainmentFull ReportStrong market position; Predictable sales and cash flow levels; Geographic and customer diversity, and Low capital intensity. High debt levels, and Aggressive financial policy. The ratings on R.H. Donnelley Corp. (RHD) and its subsidiaries reflect the Cary, N.C.-headquartered company's substantial consolidated debt levels due to major acquisitions over the past several years. This is mitigated by RHD's incumbent market positions, predictable sales and cash flow generation, and geographic and customer diversity. In addition, Standard&Poor's expects that the company will be focused over the intermediate term on integrating the recent Dex Media Inc. acquisition and on debt reduction. The company is the third-largest Yellow Pages directory publisher in the U.S., serving over 600,000 advertisers in 28 states through moreUSA74955W74956825401040 254010 2540 25Donnelley (R.H.) Corp.367047USARHDFULLUSA25212E25212525212625212J74956474956E25212F74956F87255M25401040 254010 2540 25Donnelley (R.H.) Inc.Dex Media East LLCDex Media West LLCDex Media Inc.323491365714372732374728LATAMERICAEMERGINGUSA62855Z188174ZDEXGLOBISSSTRUCCORPABSMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/554417spcred/554417normThe latest Summary from S&Pglobalstructured7/11/2008 2:43:31 AM175Summary554417United StatesPublishingUnited StatesGlobal IssuersStructured FinanceCorporationsAsset-Backed SecuritiesMedia & EntertainmentSummaryThe ratings on R.H. Donnelley Corp. (RHD) and its subsidiaries reflect the Cary, N.C.-headquartered company's substantial consolidated debt levels due to major acquisitions over the past several years. This is mitigated by RHD's incumbent market positions, predictable sales and cash flow generation, and geographic and customer diversity. In addition, Standard&Poor's expects that the company will be focused over the intermediate term on integrating the recent Dex Media Inc. acquisition and on debt reduction. The company is the third-largest Yellow Pages directory publisher in the U.S., serving over 600,000 advertisers in 28 states through more than 625 directories with a circulation of about 80 million. The directories are marketed under the Dex, AT&T (formerly SBC) and EMBARQ (formerly Sprint)USA74955W74956825401040 254010 2540 25Donnelley (R.H.) Corp.367047USARHDSUMMARYUSA74956474956F74956E25401040 254010 2540 25Donnelley (R.H.) Inc.323491EMERGINGUSALATAMERICA62855ZGLOBISSSTRUCCORPABSMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/490540spcred/490540normglobalstructured7/11/2008 2:43:22 AM100News490540United StatesPublishingUnited StatesGlobal IssuersStructured FinanceCorporationsAsset-Backed SecuritiesMedia & EntertainmentNewsNEW YORK (Standard&Poor's) Jan. 31, 2006--Standard&Poor's Ratings Services lowered its ratings on R.H. Donnelley Corp. (RHD) and its operating subsidiary Donnelley (R.H.), Inc. (RHD Inc.), including its corporate credit rating to 'BB-' from 'BB', as expected, following the company's announcement that the company has completed its acquisition of Dex Media Inc. In addition, all ratings on RHD and RHD Inc. were removed from CreditWatch with negative implications. Furthermore, Standard&Poor's affirmed bank loan rating on RHD Inc. and all ratings on the Dex family of companies, including the corporate credit rating of 'BB-'. The outlook is stable. RHD is a yellow page directory publisher based in Cary, N.C. with pro forma debt levels totaling aboutUSA74955W74956825401040 254010 2540 25Donnelley (R.H.) Corp.367047USARHDNEWSUSA74956474956F74956E25401040 254010 2540 25Donnelley (R.H.) Inc.323491EMERGINGUSALATAMERICA62855ZGLOBISSSTRUCCORPABSMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/490541spcred/490541normThe latest Research Update from S&Pglobalstructured7/11/2008 2:43:22 AM175Research Update490541United StatesPublishingUnited StatesStructured FinanceGlobal IssuersAsset-Backed SecuritiesCorporationsMedia & EntertainmentResearch UpdateOn Jan. 31, 2006, Standard&Poor's Ratings Services lowered its corporate credit rating on R.H. Donnelley Corp. (RHD) to 'BB-' from 'BB', as expected, following the company's announcement that the company has completed its acquisition of Dex Media Inc. At the same time, Standard&Poor's lowered all issue ratings one notch on RHD and its operating subsidiary Donnelley (R.H.), Inc. (RHD Inc.), except for RHD Inc.'s senior secured debt rating which is rated one notch above the corporate credit rating at 'BB', reflecting full recovery prospects. In addition, all ratings on RHD and RHD Inc. were removed from CreditWatch with negative implications. Furthermore, Standard&Poor's affirmed all ratings on the Dex family of companies, including the corporateUSA74955W74956825401040 254010 2540 25Donnelley (R.H.) Corp.367047USARHDRESUPDUSA74956E74956474956F25401040 254010 2540 25Donnelley (R.H.) Inc.323491LATAMERICAUSAEMERGING62855ZSTRUCGLOBISSABSCORPMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/466827spcred/466827normThe latest News from S&Pglobalstructured7/11/2008 2:43:21 AM100News466827United StatesPublishingUnited StatesStructured FinanceGlobal IssuersAsset-Backed SecuritiesCorporationsMedia & EntertainmentNewsNEW YORK (Standard&Poor's) Oct. 3, 2005--Standard&Poor's Ratings Services placed its ratings on R.H. Donnelley Corp. (RHD), including its 'BB' corporate credit rating, and Dex Media Inc., including its 'BB-' corporate credit rating, on CreditWatch with negative implications. At the same time, Standard&Poor's placed the ratings on the companies' operating subsidiaries--R.H. Donnelley Inc., Dex Media West LLC, and Dex Media East LLC—on CreditWatch with negative implications. The CreditWatch listing follows RHD's announcement that it would acquire Dex for about $4.2 billion plus the assumption of Dex's outstanding debt, which totaled $5.5 billion as of June 2005. RHD, which had $3.2 billion in total debt outstanding as of June 2005, is expected to issue $1.85 billionUSA74955W74956825401040 254010 2540 25Donnelley (R.H.) Corp.367047USARHDNEWSUSA25212E25212F87255M25212674956E74956F25212J25212574956425401040 254010 2540 25Donnelley (R.H.) Inc.Dex Media East LLCDex Media West LLCDex Media Inc.323491365714372732374728LATAMERICAEMERGINGUSA62855Z188174ZDEXSTRUCGLOBISSABSCORPMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/466853spcred/466853normThe latest Research Update from S&Pglobalstructured7/11/2008 2:43:21 AM175Research Update466853United StatesPublishingUnited StatesGlobal IssuersStructured FinanceCorporationsAsset-Backed SecuritiesMedia & EntertainmentResearch UpdateOn Oct. 3, 2005, Standard&Poor's Ratings Services placed its ratings on R.H. Donnelley Corp. (RHD), including its 'BB' corporate credit rating, and Dex Media Inc., including its 'BB-' corporate credit rating, on CreditWatch with negative implications. At the same time, Standard&Poor's placed the ratings on the companies' operating subsidiaries--R.H. Donnelley Inc., Dex Media West LLC, and Dex Media East LLC--on CreditWatch with negative implications. The CreditWatch listing follows RHD's announcement it would acquire Dex for about $4.2 billion plus the assumption of Dex's outstanding debt, which totaled $5.5 billion as of June 2005. RHD, which had $3.2 billion in total debt outstanding as of June 2005, is expected to issue $1.85 billion in new debt andUSA74955W74956825401040 254010 2540 25Donnelley (R.H.) Corp.367047USARHDRESUPDUSA74956474956E74956F25401040 254010 2540 25Donnelley (R.H.) Inc.323491LATAMERICAUSAEMERGING62855ZGLOBISSSTRUCCORPABSMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/473412spcred/473412normThe latest Research Update from S&Pglobalstructured7/11/2008 2:43:21 AM175Research Update473412United StatesPublishingUnited StatesGlobal IssuersStructured FinanceCorporationsAsset-Backed SecuritiesMedia & EntertainmentResearch UpdateOn Nov. 7, 2005, Standard&Poor's Ratings Services affirmed its ratings on Dex Media Inc. (Dex) and its operating subsidiaries--Dex Media West LLC (Dex West) and Dex Media East LLC (Dex East)--including the 'BB-' corporate credit ratings. Standard&Poor's removed ratings on the Dex family of companies from CreditWatch with negative implications, where they were placed on Oct. 3, 2005, following R.H. Donnelley Corp.'s (RHD) announcement it would acquire Dex for about $4.2 billion plus the assumption of debt totaling $5.4 billion as of September 2005. The outlook is stable for the Dex entities. Following the close of the acquisition, Standard&Poor's would lower its ratings one notch on RHD and its operating subsidiary R.H. Donnelley Inc.USA74955W74956825401040 254010 2540 25Donnelley (R.H.) Corp.367047USARHDRESUPDUSA74956474956F74956E25401040 254010 2540 25Donnelley (R.H.) Inc.323491EMERGINGLATAMERICAUSA62855ZGLOBISSSTRUCCORPABSMediaCredit & Investment ResearchS&P Credit Research