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Yellow Media Inc T.YLO



TSX:YLO - Post by User

Yellow Media Inc
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Comment by Baxter4on Feb 03, 2012 11:30am
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Post# 19485814

RE: RE: YPG's Debt Breakdown

RE: RE: YPG's Debt Breakdown

 

THE Key information we need on Feb 9 is, how much cash does the company has on the balance sheet. If they pay the banks ASAP, they are free to start buying the MTN at discount.

 

If they pay the banks ASAP, that would remove a big burden which in turn would raise the price of the MTN removing the discount. Shame they cant use the money now were they could be paying less than 20 cents on the dollar for debt.

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