Key Developments: YRC Worldwide Inc (YRCW.O)

YRCW.O on Nasdaq

30 Jan 2015
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Latest Key Developments (Source: Significant Developments)

YRC Worldwide Inc gives Q3 2014 mixed earnings outlook
Tuesday, 16 Sep 2014 05:10pm EDT 

YRC Worldwide Inc:Expects Q3 2014 adjusted EBITDA of about $75 - $80 mln.Expects Q3 2014 operating income of about $22 - $27 mln.Q3 2014 EBITDA of $71 mln, EBIT of $29 mln - Thomson Reuters I/B/E/S.  Full Article

YRC Worldwide Inc announces amends credit agreement
Thursday, 30 Jan 2014 06:17pm EST 

YRC Worldwide Inc:Says that it has reached an agreement with its lenders to extend the deadline to repay the 6 pct convertible notes to Feb. 13, 2014.Says to permit repayment of the Series A and B Notes with the cash equity proceeds from the equity transaction previously announced on Dec. 23, 2013.Says the company also obtained approval from 100 pct of its pension fund noteholders to amend and extend its obligation to Dec. 2019 subject to closing the equity transaction.  Full Article

YRC Worldwide Inc and IBT reach tentative agreement on revised proposal
Friday, 17 Jan 2014 05:45pm EST 

YRC Worldwide Inc:Says that it has reached a tentative agreement with officials of the International Brotherhood of Teamsters on an extension of its collective bargaining agreement to Mar. 2019.Says the tentative agreement contains a number of revisions to the company's previous proposal which address concerns raised by the Teamsters leadership and its members.Says the previous proposal, which was voted without reaching an agreement with the union was not ratified by the company's employees.Says in contrast, this MOU extension was negotiated with the union.Says details of the revised proposal will be reviewed by local union officials at a 'two-person' meeting of local union officials to be held on Jan. 21.  Full Article

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