Yellow Pages to redeem C$91.7 million of 10% senior secured notes

By Marisa Wong

Morgantown, W.Va., May 15 – Yellow Pages Ltd. will repay C$91.7 million of its senior secured debt, according to a news release.

The company said it will make a C$50.9 million mandatory redemption and a C$40.8 million optional redemption on its 10% senior secured notes.

The mandatory redemption will be on May 31 at par plus accrued interest of C$400,000. The optional redemption will be on June 13 at par plus a redemption premium of C$800,000 and accrued interest of C$500,000.

Yellow Pages is a digital media and marketing company based in Montreal.

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