YRC Worldwide Obtains Commitments for $400 Million Asset-Based Loan Facility

Significant milestone reached as company moves toward closing its financial restructuring planYRC Worldwide Inc. announced today it has obtained commitments for a three-year, $400 million asset-based loan (ABL) facility that will replace the company's existing asset-backed securitization (ABS) facility. Commitments for the ABL facility comply with the agreements reached April 29, 2011, with key