Yell Shells Out for Debt Breather ; Credit Crunch
Evening Standard - London › October 07, 2008
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Summary
YELLOW Pages publisher Yell today secured a new borrowing deal with its banks but at a hefty price reflecting the squeeze in credit markets.
The group, which has [pounds]3.7 billion of borrowings, will pay a one-off arrangement fee to lenders headed by HSBC and its annual interest bill will rise by some [pounds]37 million to [pounds]296 million a year.See the full content of this document
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Yell Shells Out for Debt Breather ; Credit Crunch
Yell said the deal, which ...
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