SureTrader
Interactive Brokers Advertisement
Home > Boards > US Listed > Automotive and Transportation > YRC Worldwide Inc. (YRCW)

Does anyone else know how much debt will

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Ecomike Member Profile
Member Level 
Followed By 349
Posts 39,796
Boards Moderated 8
Alias Born 10/05/09
160x600 placeholder
Current Report Filing (8-k) "Edgar (US Regulatory)" - 10/18/2017 4:17:26 PM
YRC Worldwide Updates 2017 Financial Projections "GlobeNewswire Inc." - 10/18/2017 4:02:00 PM
YRC Worldwide Schedules Third Quarter 2017 Earnings Conference Call "GlobeNewswire Inc." - 10/11/2017 12:00:00 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 10/2/2017 11:22:04 AM
Initial Statement of Beneficial Ownership (3) "Edgar (US Regulatory)" - 10/2/2017 11:17:27 AM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 9/22/2017 4:37:26 PM
Holland Named 2016 Regional LTL Carrier of the Year by Transplace "GlobeNewswire Inc." - 9/22/2017 9:49:06 AM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 9/13/2017 4:16:26 PM
YRC Worldwide Provides Quarter-To-Date Operating Data for Third Quarter 2017 "GlobeNewswire Inc." - 9/13/2017 4:03:00 PM
YRC Worldwide to Present at Cowen Transportation Conference "GlobeNewswire Inc." - 8/30/2017 4:05:00 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 8/22/2017 4:12:57 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 8/15/2017 4:45:16 PM
Reddaway Recognized for Performance Excellence with 2017 Quest for Quality Awards "GlobeNewswire Inc." - 8/10/2017 12:42:32 PM
Holland Earns Quest for Quality Awards for 32nd Consecutive Year "GlobeNewswire Inc." - 8/10/2017 12:26:35 PM
Six Reddaway Drivers Qualify for 2017 National Truck Driving Championships "GlobeNewswire Inc." - 8/8/2017 10:20:31 AM
YRC Freight Sends 19 Drivers to the 2017 National Truck Driving Championships "GlobeNewswire Inc." - 8/8/2017 10:08:32 AM
Holland Professional Drivers Head to 2017 National Truck Driving Championships "GlobeNewswire Inc." - 8/8/2017 10:03:23 AM
Quarterly Report (10-q) "Edgar (US Regulatory)" - 8/3/2017 4:27:41 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 8/3/2017 4:22:05 PM
YRC Worldwide Reports Second Quarter 2017 Results "GlobeNewswire Inc." - 8/3/2017 4:02:00 PM
Amended Statement of Ownership (sc 13g/a) "Edgar (US Regulatory)" - 7/26/2017 4:25:33 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 7/26/2017 4:20:36 PM
YRC Worldwide Completes the Amendment to Extend the Term Loan "GlobeNewswire Inc." - 7/26/2017 4:02:00 PM
Holland Named 2017 True Value LTL Carrier of the Year "GlobeNewswire Inc." - 7/20/2017 9:21:11 AM
Trucking Is Primed for Rebound -- WSJ "Dow Jones News" - 7/17/2017 3:02:00 AM
Ecomike Member Level  Sunday, 06/05/11 12:57:14 PM
Re: None
Post # of 23996 
Does anyone else know how much debt will be converted to some kind of equity in the final deal? I can't tell yet, as there is too much junk verbiage in the SEC filings. Also how much new, debt converted to equity will become common stock that can be sold right away, versus preferred shares that might be convertible (but might not ever convert, or might convert years later)?

I read one bit in the SEC report I am trying to digest, that sounded like only a small portion of the debt was going to become 97.5% new shares, while the bulk of the debt was going to become preferred convertible shares that could further dilute the 97.5% dilution, meaning the current shares may be worth far less than I previously thought. But the wording is almost impossible to determine what they really plan to do, perhaps on purpose?


Quote:
Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist