REG-Yell Group plc UPDATE ON COMPREHENSIVE REFINANCING PROPOSALS
Released: 30/10/2009
com:20091030:Rnsd6388B
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RNS Number : 6388B
Yell Group plc
30 October 2009
30 October 2009
NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE
UNITED STATES
YELL GROUP PLC
UPDATE ON COMPREHENSIVE REFINANCING PROPOSALS
Yesterday morning, Yell announced it had extended the deadline for its lenders
to respond to its comprehensive refinancing proposals to 5pm on Thursday 29
October.
Yell has made significant progress over the last 24 hours and is now awaiting
acceptances from the final two lenders, both of which are necessary to cross the
95% threshold. In addition, Yell will require confirmation of the final count
from HSBC as Facility Agent, following final verification and reconciliation of
the acceptances.
Yell will make a further announcement as soon as possible.
Enquiries:
Yell - Investors Yell -
Media
Rob Hall Jon
Salmon
Tel: +44 (0)118 950 6838 Tel: +44 (0) 118 950 6656
Mobile: +44 (0)7793 957 848 Mobile: +44 (0)7801
977 340
Citigate Dewe Rogerson
Anthony Carlisle
Tel +22 (0) 20 7638 9571
Mobile: +44 (0) 7973 611 888
This information is provided by RNS
The company news service from the London Stock Exchange
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