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Yell Group Calls On HSBC To Help It Rework Covenants - Report

Date : 11/09/2011 @ 21:46
Source : Dow Jones News
Stock : Hibu (HIBU)
Quote : 0.42  -0.015 (-3.45%) @ 10:57

Yell Group Calls On HSBC To Help It Rework Covenants - Report

Yell Group (LSE:YELL)
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   DOW JONES NEWSWIRES 

Yell Group PLC (YELL.LN), seeking to renegotiate its covenants, plans to ask HSBC to assist it in the endeavor, The Financial Times reports on its website Sunday. Yell's net debt is currently 2.7 billion pounds ($4.3 billion), while its market capitalization is GBP102 million, the FT said.

Newspaper website: www.FT.com

-Dow Jones Newswires; 212-416-2800




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