Lenders Memorandum (9957R)
November 14 2011 - 2:01AM
UK Regulatory
TIDMYELL
RNS Number : 9957R
Yell Group plc
14 November 2011
For Immediate Release 14 November, 2011
Yell Group Plc ("Yell")
Lenders Memorandum
In its announcement on 8 November 2011, Yell mentioned that, in
order to ensure that the Group has an appropriate level of covenant
headroom to deliver its new strategy successfully, it had begun
speaking to its lenders. In connection with that process, Yell will
today present its proposals to its lenders. These are described in
a Memorandum which is available for viewing at
http://www.yellgroup.com/english/investors-covenantreset2011
About Yell
Yell Group is a leading provider of digital services within the
emerging local eMarketplace for consumers and SMEs across its
operations in the UK, US, Spain and some countries in Latin
America.
Building on its strong presence in the local market through its
current digital and print portfolio, Yell is developing a broad
range of digital services tailored to the converging needs of SMEs
and consumers.
These address both the SMEs' need to grow, transact and be
efficient in the digital world, and the consumers' need to connect
locally to the goods and services they want, in a way which saves
them time and money, and moves their lives forward.
In the year ended 31 March 2011, Yell Group had 1.3 million SME
customers.
Enquiries:
Yell - Investors Yell - Media
Rob Hall Jon Salmon or Andrew Spybey
Tel: +44 (0)118 358 2838 Tel: +44 (0)118 358 2656
Mobile: +44 (0)7793 957848 Mobile: +44 (0)7801 977340
RLM Finsbury
Andrew Dowler or Charles Chichester
Tel: +44 (0) 207 251 3801
www.yellgroup.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
STRDKDDQOBDDBDD
Hibu (LSE:HIBU)
Historical Stock Chart
From Mar 2024 to Apr 2024
Hibu (LSE:HIBU)
Historical Stock Chart
From Apr 2023 to Apr 2024