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Dex Media Creditors Said to Demand Meeting After Missed Payment

A group of Dex Media Inc. junior bondholders is demanding company executives meet to talk about a debt restructuring after failing to make an interest payment last month.

The creditors’ legal counsel, Akin Gump Strauss Hauer & Feld LLP, made the demand for debt talks in an Oct. 1 letter to the telephone-listings company and its lawyers, according to a copy of the letter obtained by Bloomberg. The creditors, who said in the letter that they own a majority of the company’s subordinated bonds, made the case that the company would need their support for a consensual debt restructuring plan if it decided to file for bankruptcy.

Dex Media, which resulted from the combination of two telephone-directory publishers as it...


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