Brief: Yellow Pages Ltd Reports Q1 Earnings Per Share C$0.45
15/05/2019 12:50
May 15 (Reuters) - Yellow Pages Ltd Y.TO :
* YELLOW PAGES LIMITED REPORTS FIRST QUARTER 2019 FINANCIAL
AND
OPERATING RESULTS AND ANNOUNCES $90 MILLION SENIOR SECURED DEBT
REPAYMENT
* Q1 EARNINGS PER SHARE C$0.45
* Q1 REVENUE FELL 34.2 PERCENT TO C$104.8 MILLION
* DECLINE IN QTRLY TOTAL REVENUES WAS DUE MAINLY TO
DIVESTITURES
IN OTHER SEGMENT AS WELL AS LOWER REVENUES IN YP SEGMENT
* ANNOUNCES $90 MILLION SENIOR SECURED DEBT REPAYMENT
* WILL MAKE A MANDATORY REDEMPTION PAYMENT OF $50.9 MILLION
ON ITS
10.00% SENIOR SECURED NOTES, AT PAR, ON MAY 31
* WILL ALSO MAKE AN OPTIONAL REDEMPTION PAYMENT OF $40.8
MILLION
ON ITS 10.00% SENIOR SECURED NOTES ON JUNE 13
Source text for Eikon: ID:nCNWMKX70a
Further company coverage: Y.TO
((Briefs@thomsonreuters.com;))
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