YRC Worldwide Inc (YRCW)

[Pennyprof]

USE OF PROCEEDS

Unless we inform you otherwise in an applicable prospectus supplement or free writing prospectus, we will use the net proceeds (after the payment of offering expenses and underwriting discounts and commissions, if any) from the sale of the offered securities for general corporate purposes, which may include:



• capital expenditures;




• working capital;




• acquisitions;




• repayment or refinancing of indebtedness;




• investments in our subsidiaries; or




• repurchasing or redeeming our securities.


Pending any specific application, we may initially invest funds in short-term marketable securities or apply them to the reduction of short-term indebtedness


Go with the flow