Total expenses, excluding depreciation and amortization and severance costs, were $205 million, compared with Q2 2011 operating expenses of $269 million, a reduction of $64 million or 23.8 percent.During the second quarter, SuperMedia reduced indebtedness under its credit agreement by $170 million, including at par payments of $114 million and $56 million through open market debt repurchases allowed under the terms of the credit agreement. The $56 million debt reduction accomplished through open market repurchases used cash of $33 million. SuperMedia’s total indebtedness at June 30, 2012 was $1.511 billion.
SuperMedia Announces Second Quarter 2012 Results
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