Brief: Yellow Corporation Says Files Voluntary Chapter 11 Petitions

Yellow

07/08/2023 04:20

Aug 6 (Reuters) - Yellow Corp  YELL.O :
    * ORATION FILES VOLUNTARY CHAPTER 11 PETITIONS
    * SAYS EXPECTS TO ENTER INTO AN AGREEMENT, SETTING FORTH
TERMS AND
CONDITIONS OF A DEBTOR-IN-POSSESSION FINANCING FACILITY
    * SAYS DIP FACILITY WILL PROVIDE CO WITH NEEDED LIQUIDITY
WHICH
WILL BE USED TO SUPPORT BUSINESSES THROUGHOUT MARKETING AND SALE
PROCESS

Source text for Eikon:  ID:nGNX5MRVtN 
Further company coverage:  YELL.O 

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