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Yellow Media Inc T.YLO



TSX:YLO - Post by User

Yellow Media Inc
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Comment by DoubleIndemnityon Aug 07, 2012 10:13pm
204 Views
Post# 20192405

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: what were

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: what were

DI, the 'secret revenue targets' you mention is not so secret.  One of the covenants is the EBITDA must not drop below $480 million... I recall reading it in the 'secret' documents you're talking about.

 

There are publicly disclosed covenants. For them to buy back any MTNs before maturity, they must also satisfy their revenue targets which have absolutely not been made public. Analysts asked about these targets in the conference call, and Yellow Media flat out refused to provide them.

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