More financing news

Discussion in 'YRC' started by latanea, Feb 11, 2009.

  1. latanea

    latanea Road Train Member

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    The hall just got a fax that says the rest of the "sale" money came in today -

    plus we have a stock rating increase coming up by next week.
     
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  3. latanea

    latanea Road Train Member

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    On February 11, 2009, William D. Zollars, Chairman, President and Chief Executive Officer of YRC Worldwide Inc. (the “Company”), and Timothy A. Wicks, Executive Vice President and Chief Financial Officer of the Company, will deliver a company presentation at the BB&T Capital Markets Transportation Conference. The presentation will be available on audio webcast through the Company’s website,


    This was a summary of the newest SEC filing that was posted 5 minutes ago
     
  4. latanea

    latanea Road Train Member

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    YRC Worldwide Finalizes Bank Amendment
    • Renews Asset-Backed Securitization Facility Early
      [*]Schedules Analyst Call for Friday, February 13, 2009
    OVERLAND PARK, Kan., Feb 12, 2009 /PRNewswire-FirstCall via COMTEX/ -- YRC Worldwide Inc. (Nasdaq: YRCW) announced today that it has finalized an amendment ("the amendment") with the company's lenders of its credit facilities and renewed its asset-backed securitization ("ABS") facility two months prior to maturity. Further details of the amendment will be provided on a call for shareholders and the investment community on Friday, February 13, 2009, beginning at 4:00pm ET, 3:00pm CT.
    "We are pleased with the banks' support of our strategic actions and their confidence in our ability to improve our financial position," stated Tim Wicks, Executive Vice President and CFO of YRC Worldwide. "We feel good about the amendment that we reached and the flexibility it will provide us to help weather this economic recession. We look forward to discussing these flexibilities in our analyst call tomorrow."
     
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