Yell to start debt buyback, investors sceptical
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Yell to start debt buyback, investors sceptical

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UK directories company Yell Group is to start its debt purchase process on Tuesday, but lenders to the company were unsure that the company would have great success. As part of the amendments to its financing terms completed in December 2011, Yell increased the amount of cash available to spend on purchases of its own debt from £108.4m to £159.5m.

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