Yellow Media Lenders Approve Plan to Restructure Debt

Yellow Media Inc. 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.

(Corrects percent of debtholders approval.)
Before it's here, it's on the Bloomberg Terminal. LEARN MORE