Yellow Pages Ltd T.Y

Alternate Symbol(s): YLWDF

Consumer Cyclical Media - Diversified

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 > Debentures to be delisted

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Post by nozzpackon May 17, 2021 9:03pm

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Post# 33219103

Debentures to be delisted

Yellow Pages Digital debentures to be delisted from TSX

2021-05-17 18:51 ET - Miscellaneous

See Miscellaneous (C-YPG) Yellow Pages Digital & Media Solutions Ltd

The Toronto Stock Exchange reports that Yellow Pages Digital & Media Solutions Ltd.'s senior subordinated exchangeable debentures due Nov. 30, 2022, will be halted at the open and delisted at the close on May 31, 2021. According to the TSX, the company will redeem the debentures on May 31, 2021, for $1,040 per $1,000 principal amount, representing $1,000 principal amount and $40 for accrued and unpaid interest thereon to, but excluding, the redemption date.

The TSX reports that at the option of the holder, the debentures are exchangeable into common shares of Yellow Pages Ltd. until 4 p.m. Montreal time on May 28, 2021, at an exchange price of $19.04 per common share, being an exchange rate of approximately 52.5210 common shares per $1,000 principal amount of debentures. Trades in the debentures on May 27, 2021, and May 28, 2021, will settle on May 28, 2021.

For more information, see Yellow Pages Ltd.'s news release dated April 23, 2021.

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