Yellow Pages Ltd T.Y

Alternate Symbol(s): YLWDF

Communication Services

Yellow Pages Limited is a Canadian digital media and marketing company. The Company offers targeted tools to local businesses, national brands and consumers, allowing them to interact and transact within the digital economy. It offers small and medium-sized enterprises (SMEs) across Canada full-serve access to a comprehensive suite of digital and traditional marketing solutions, such as online and mobile priority placement on its digital media properties, content syndication, search engine solutions, Website fulfillment, social media campaign management, digital display advertising, video production, e-commerce solutions, as well as print advertising. Its media properties, primarily desktop, mobile and print, continue to serve as effective marketplaces for Canadian local merchants, brands and consumers. The Company holds local online properties, including YP.ca, Canada411 and 411.ca. It also holds the YP, Canada411 and 411 mobile applications and Yellow Pages print directories.

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Yellow Pages Ltd

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Comment by myNEXTmillionon May 07, 2013 7:26pm

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Post# 21349324

RE: RE: RE: y debt

It was explained in the conference call. The security agreement has a repayment formula, and the $26 million is the calculation based on the formula. If more than the $26 is paid, it will not count towards the 2013 calculations, YPG would still be required to pay the$74 million in November.

Presumeably, if more were paid outside of the formula, then YPG may need to pay the bonus for early redemption for 2013.

It was mentioned, 2014 would be a different scenario, it would likely be acceptable to repay a higher amount.

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