kansascity.com (Free subscription) | yesterday
The hard road to recovery for YRC Worldwide Inc. took another troubling turn as the company put up about $1.5 billion in assets as collateral following a debt-rating downgrade.
PR News Wire (Free subscription) | 11/20/2008
OVERLAND PARK, Kan., Nov. 20 /PRNewswire-FirstCall/ -- YRC Worldwide Inc. (Nasdaq: ) announced today the financial impact of yesterday's credit rating change from S&P. The credit rating is considered a trigger event under the credit agreement. This trigger event requires the company to collateralize its remaining unencumbered assets, which primarily include its real estate and revenue...
kansascity.com (Free subscription) | 11/20/2008
The hard road to recovery for YRC Worldwide Inc. took another troubling turn as the company put up about $1.5 billion in assets as collateral following a debt-rating downgrade.
The St Louis Business Journal (Free subscription) | 11/20/2008
YRC Worldwide Inc. will take a $7 million to $10 million charge in the fourth quarter and first quarter for fees to collateralize its remaining unencumbered assets after Standard & Poor’s Ratings Services downgraded its credit rating.
The Kansas City Business Journal (Free subscription) | 11/20/2008
YRC Worldwide Inc. will take a $7 million to $10 million charge in the fourth quarter and first quarter for fees to collateralize its remaining unencumbered assets after Standard & Poor’s Ratings Services downgraded its credit rating.
