Dex Media Debt to Go to Par After Bankruptcy, Hayman’s Bass Says

Dex Media Inc.’s bonds will more than double in value to trade at par and its shares will jump to as much as 10 times current levels, according to Kyle Bass, whose Dallas-based hedge-fund firm Hayman Advisors LP made $500 million in 2007 betting against U.S. subprime mortgages.

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