Yellow Pages to redeem C$292.25 million 9¼% notes due 2018 on Nov. 18

By Wendy Van Sickle

Columbus, Ohio, Oct. 19 – Yellow Pages Digital & Media Solutions Ltd. will redeem its C$292,248,000 of outstanding 9¼% senior secured notes due Nov. 30, 2018 on Nov. 18, according to a news release.

The notes will be redeemed at par plus accrued interest to the redemption date of C$20.30 per C$1,000 principal amount.

The redemption will be funded by proceeds of the company’s new C$315 million issue of 10% five-year senior secured first-lien notes.

Based in Verdun, Quebec, Yellow Pages is a provider of printed, digital and mobile business directories.

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