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YRCW - YRC Worldwide to receive $700M CARES act loan from U.S. Treasury
YRC Worldwide Inc.
United States Department of the Treasury (UST) intends to provide a $700M loan to YRC Worldwide (NASDAQ:YRCW) maturing on September 30, 2024, under authorization provided by Subtitle A of Title IV of the CARES Act for 29.6% fully diluted equity ownership in the company.
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