Yell Warns It May Have to Reset Covenants Once Again

The ScotsmanJune 24, 2009

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Summary


A WARNING that Yell may need to renegotiate its debt terms for a second time caused shares in the directories firm to slide for a further session yesterday.

Shares in the publisher of the Yellow Pages and online directories tumbled 13 per cent on Monday and closed down a further 6 per cent last night.

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Yell Warns It May Have to Reset Covenants Once Again

The further fall came after the company told investors in its annual report that uncertain trading conditions meant it might ne...

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