New York Times: Bank Evaluates YRC Bond Deals

July 8, 2009: Struggling No. 1 U.S. trucking company YRC Worldwide Inc has asked investment bank Rothschild to evaluate potential bond exchanges as part of its restructuring plans, according to a source familiar with the matter.

Rothschild was retained early this year by Overland Park, Kansas-based YRC, but has only recently been asked to take a more active role, the source said.

Click here to read more at the New York Times.

Be the first to comment

Please check your e-mail for a link to activate your account.
Get Advice Join TDU Donate

Recent News

“GROW” Act: A Threat to Workers’ Pensions

A new threat to retirees and workers’ pensions was introduced in Congress last month: the misnamed “Give Retirement Options to Workers” Act. It does not give options to workers, but it could shift risk and uncertainty to some workers, and undermine stable pensions.

UPS Contract Call to Action: Teamsters United Launches Petition Drive

Teamsters United has launched a petition drive to demand a fair UPS contract and TDU activists are making plans.

View More News Posts