|
|
Article: YRC Worldwide Defines Key Terms of Exchange Offer.
- Article from:
- Investment Weekly News
- Article date:
- November 21, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
YRC Worldwide Inc. (NASDAQ:YRCW) announced that it intends to launch an exchange offer this week based upon terms discussed with representatives of a committee of the holders of its contingent convertible notes and a committee of the holders of its USF 8 1/2% notes (collectively the "Notes"). The successful completion of this exchange would allow the company open access to the existing $106 million revolver reserve and to begin deferring payment of lender interest and fees of approximately $25 million per quarter under its recently amended credit agreement and asset-backed securitization facility. The company currently has access to $50 million of the revolver reserve for ...
Related newspaper, magazine, and journal articles:
|
|
Article: YRC Worldwide Selects Taleo Verify(TM) for ...
PR Newswire;
May 9, 2006 ;
700+ words
... ... management solutions, today announced that YRC Worldwide selected and successfully implemented ... business performance. With Taleo Verify, YRC Worldwide can easily conduct a background check ... known as Yellow Roadway Corporation, YRC Worldwide is one of the largest transportation ...
|
|