Business News

Yellow Pages Income Fund Extends the Term of its Revolving Credit Facility

Tuesday 10. March 2009 - Yellow Pages Income Fund (TSX:YLO.UN) announces that it has extended the term of the $500 million tranche of its core revolving credit facility by an additional year to May 2012.

Combined with the $200 million revolving tranche, the full amount of the $700 million core revolving credit facility now matures in May 2012. This facility can be used for general corporate purposes and serves as back-up to the commercial paper program.

With the combination of the core revolving credit facility and the $450 million credit facility established in 2008, Yellow Pages Income Fund has access to $1.150 billion in long term committed bank lines, providing ample liquidity to fund its operations and to refinance the Series 1 Medium Term Notes maturing in April 2009.