RE: RE: notice to CDS When IR phoned me back yesterday they said they had sent the instructions to CDS. I tried to remake the retraction request again this morning and they got the same answer from CDS. I told my broker what happened and my broker was going to contact YLO directly to get the full story. He hasn't called back yet.
I was wondering if YLO is purposely not giving the instruction so the pref A's do not get registered as debt instead of equity. If the re-structuring plan gets approved, the A's could be treated the same as the MTN's if the retraction request is made.