Yellow Pages to issue $300M in notes to repay debt and for general purposes

The Canadian Press ~ The News
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MONTREAL - Yellow Pages Group (TSX:YLO.UN) announced Wednesday a plan to raise $300 million in an offering of notes that will be used to repay other debt and for general corporate purposes.
The directory publisher said it will issue $300 million of 7.75 per cent notes, which will mature on March 2, 2020.
This offering is scheduled to close Nov. 23.
Yellow Pages Income Fund holds a 99 per cent ownership interest in Yellow Pages Group and Trader Corp.

Organizations: Pages Group, TSX, Yellow Pages Income Fund

Geographic location: MONTREAL

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