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LAKE SUCCESS, New York -- April 30, 2008 -- Earlier today, S&P issued a press release titled "S&P Downgrades Broadridge Financial Solutions (Corrected)."
S&P corrected its April 8, 2008, press release to reflect actual total debt of $949 million as reported in Broadridge's Form 10-Q filing for the period ended December 31, 2007, as opposed to the $990 million total debt figure S&P stated in its original April 8th press release. S&P's correction has no effect on the company's credit rating as announced in the April 8th press release.
To contact media relations, please email us at mediarelations@broadridge.com.