Source Interlink Companies, Inc Fiscal 2Q09 Earnings Call Transcript

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2008-09-09 15:13:20.0

Tags: Source Interlink Companies Inc.

Question-and-Answer Session

Operator

Thank you. (Operator Instructions) Our first question is from Ben Michovac of Revana Capital. Please go ahead.

Ben Michovac - Revana Capital

Hey, guys. Thanks for taking my call.

Marc Fierman

Yeah. Ben.

Ben Michovac - Revana Capital

Can you go through the debt real quick, item-by-item?

Marc Fierman

Sure. Okay. As of July 31st, we had a revolver; it's a $300 million asset base revolver that had a balance of $49.6 million.

Ben Michovac - Revana Capital

Okay.

Marc Fierman

We also had a term loan that had a balance of $871.2 million. We had the senior unsecured notes that were $465 million. And we had other debt of a little over $30 million.

Ben Michovac - Revana Capital

Okay. And then can you just repeat the free cash flow number?

Marc Fierman

Sure.

Ben Michovac - Revana Capital

For the second quarter?

Marc Fierman

Sure. The free cash flow was $12.4 million.

Ben Michovac - Revana Capital

And negative $6.5 Q1 and 2 combined?

Marc Fierman

Correct.

Ben Michovac - Revana Capital

Okay. Thanks a lot.

Marc Fierman

Okay.

Operator

Thank you. (Operator Instructions) Thank you. There are no questions registered at this time. I’ll turn the meeting back over to Mr. Mike Duckworth.

Michael Duckworth

All right. Thank you all for joining us. We look forward to reporting on our progress next quarter.

Operator

Thank you. The conference is now over. Please disconnect your lines at this time. We thank you for your participation.

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