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Yellow Pages Ltd T.Y

Alternate Symbol(s):  YLWDF

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.


TSX:Y - Post by User

Bullboard Posts
Comment by vr6locoon Jan 12, 2020 9:46pm
104 Views
Post# 30544877

RE:RE:RE:covenants on the debentures

RE:RE:RE:covenants on the debenturesI think I know why. Once it hits the conversion price, those individuals have the option to convert for every $1000 to 52.521 common shares either all or part. Once converted, yes there's dilution, but it no longer has 8% interest and no longer has to be payed out. The rest will continue to pay out the 8% and the company can come May 31 2021 pay of the balance with no penalties. If the the stock performs well, it might be more beneficial for individuals to convert and get a better return on the appreciating stock price then the perhaps meager 8%. Thoughts?
Bullboard Posts