YRC Worldwide to use real estate as pension fund collateral
US - YRC Worldwide, a US-based trucking company, is finalising discussions with representatives of its defined benefit pension scheme to use its real estate as collateral, and suspend cash payments.
In a filing to the Securities and Exchange Commission (SEC) on 13 April, the YRC proposed to use its real estate as collateral in lieu of making pension fund contributions for certain months, which will...
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TRS hands $6bn to KKR and Apollo, grows strategic partners programme
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US investors returns negative in Q3
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