Yellow Media Lenders Approve Plan to Restructure Debt
Stock Chart for YPG Financing Inc (YLO)
(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 firstname.lastname@example.org