CSPF EXTENDS YRC’S $100M DEBT TILL 2019

Discussion in 'YRC Freight' started by Kennesaw Kid, Jul 14, 2017.

  1. Kennesaw Kid

    Kennesaw Kid Super Moderator Staff Member

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    Keep connecting the dots.
     
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  2. Triplex

    Triplex Experienced stalker

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    Get real, of course they paid it down, They could have issued/sold more shares of stock on the open market and used the cash received to "pay it down" in cash or they could have effectively done the same thing by a transfer of shares like they did. Try to learn and understand how corporate finance works. However you want to look at it they payed down/eliminated/reduced their long term debt.

    PS - Maybe you could write a letter to the banks explaining to them how you know YRCW stock is "worthless". I'm sure they would really appreciate your valuable information. :smile new:
     
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  3. Kennesaw Kid

    Kennesaw Kid Super Moderator Staff Member

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  4. Kennesaw Kid

    Kennesaw Kid Super Moderator Staff Member

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    “This was all possible because of our members’ willingness to make necessary sacrifices. The modifications and extension of the MOU facilitated a $300-million debt reduction announced on January 31, and now with this refinancing completed and announced on February 13, the company has extended maturities and more favorable terms that will allow it to put needed capital back into the business. We will redouble our efforts to ensure management puts the savings back into improving operations.”



    https://teamster.org/news/2014/02/yrcw-successfully-refinances-debt
     
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  5. Keepingon

    Keepingon Well-Known Member

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    If there was no effort and you "redouble" it was does that equal ?

    Zero is still zero even if you "redouble " it.
     
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  6. Triplex

    Triplex Experienced stalker

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    When you keep seeing dots everywhere you look maybe it's time to make an appointment with your eye doctor. Just saying.
     
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  7. mysticobra

    mysticobra Just here.

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    Keep connecting the dots and it will look like a pile of you know what.
    :17142:
     
  8. Kennesaw Kid

    Kennesaw Kid Super Moderator Staff Member

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    Don't be a condescending jerk.....the members see where these dots are all connecting for 2019, as well as you, but you won't admit it.
     
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  9. Triplex

    Triplex Experienced stalker

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    Hey watch it, personal attacks and name calling are against the rules, aren't they?

    PS - I don't have a crystal ball, I'll deal with events when and if they happen.
     
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  10. Kennesaw Kid

    Kennesaw Kid Super Moderator Staff Member

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    I said don't be one.....are you?
     
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  11. Triplex

    Triplex Experienced stalker

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    I don't know, I'll have to take a poll, but I think I know how you'd vote. :hilarious:

    But a least my buddy Wong would stick up for me.
     
  12. Kennesaw Kid

    Kennesaw Kid Super Moderator Staff Member

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    According to the likes.......Its 2 to 0 against you..
     
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  13. BIG R GUY

    BIG R GUY COOP Dispatch GPS Division

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    Maybe you guys could try a weekend PTS trip together like Wong and myself run??
     
  14. Triplex

    Triplex Experienced stalker

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    Not a very large sample, I'll have to call out my "toadies" and get them to give me some "likes". :smile new:
     
  15. Kennesaw Kid

    Kennesaw Kid Super Moderator Staff Member

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    [​IMG]
    Naw.....Im retired now, the only tractor steering wheel I hold now is green with yellow wheels.
     
    Last edited: Jul 16, 2017
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  16. Elwood

    Elwood Question Authority

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  17. BIG R GUY

    BIG R GUY COOP Dispatch GPS Division

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    [​IMG]
     
  18. mud

    mud Wonderin'

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    So now your an old goat.
     
  19. Triplex

    Triplex Experienced stalker

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    You have to phrase it this way so you don't get in trouble - "Don't be an old goat". :poke:
     
  20. bigtruk_us

    bigtruk_us Well-Known Member

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    I remember this old lady at local 745 meeting about the second pay cut and pension relief.She was walking around saying save my pension save my pension.Then she was awarded a plaque for her lifelong membership.Supposedly life long member.Nobody knew of her.Wonder if she is alive and worried now?Thank You Brent Taylor for that great show.
     
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