Yellow Corp. Says It Has Deal For DIP Financing, Terminal Bid

By Rick Archer · August 17, 2023, 1:34 PM EDT

Trucking firm Yellow Corp. told a Delaware bankruptcy judge Thursday it has reached an "agreement in principle" for $142.5 million in Chapter 11 financing and a $1.2 billion offer for its...

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Bankruptcy Scorecard

Summary

Trucking company Yellow Corp. hit bankruptcy on Aug. 6 with roughly $1.2 billion in secured debt amid a dispute with the International Brotherhood of Teamsters over Yellow’s restructuring efforts.

Case Number

1:23-bk-11069

Judge

Craig Goldblatt

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$1.9 billion

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Related Sections

Case Information

Case Title

Yellow Corporation

Case Number

1:23-bk-11069

Court

Delaware

Nature of Suit

Date Filed

August 06, 2023

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