Yellow Media Lenders Approve Plan to Restructure Debt

(Corrects percent of debtholders approval.)

Yellow Media Inc. (YLO) lenders approved a plan to write down part of the C$2.4 billion of debt they are owed by the Montreal-based directories publisher. The plan received consent from more than two-thirds of debtholders, the company said at a meeting today.

To contact the editor responsible for this story: Cecile Gutscher at cgutscher@bloomberg.net

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