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.

Get Advice Join TDU Donate

Recent News

Ford Cancels Jack Cooper Contract, Threatening Teamster Carhaul Jobs

In a union-busting attack on carhaul Teamsters, Ford Motor Co. is moving to cancel its contract with the carhaul carrier Jack Cooper.

Webinar: Amazon Strikes and Organizing to Meet the Amazon Challenge

Amazon Teamsters conducted the biggest nationally-coordinated strike ever at Amazon in U.S. history. Hundreds of Teamsters joined our webinar to find out what was accomplished. They heard reports from the strike lines and learned more about the threat that Amazon poses to good jobs and how Teamsters are organizing to meet the Amazon challenge.

View More News Posts