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Canso @ $294.5M $Y $Y.CA 24.2% ownership of Yellow Media's EV. You guys ROCK!

YPG EV: $881M Debt

27.9M Shares @ $12 = $334M

Canso Owns:

$56.2M of common shares

$32.1M of conv debentures

$206.2M of Senior Debt

Canso: (56.2+32.1+206.2)/(881+334)

24.2% ownership of Yellow Media's EV.

http://www.stockhouse.com/companies/bullboard/t.y/yellow-media-limited?postid=21630514

Hi Roxy27, thanks for your post.

I think this was the last filing from CANSO on Sedar for YPG/YMI/Y which was filed in May.

"Since the last report filed for March 2013, accounts managed by Canso have

purchased an additional $19,719,911.00 par amount of senior secured notes of

YPG Financing Inc. and an additional 696,356 common shares of the Issuer in the

month of April 2013. As a result, Canso’s securityholding percentage in the

Issuer has increased by approximately 2.35% from approximately 19.16% to

approximately 21.51%.

  1. The designation and number or principal amount of securities and the eligible

institutional investor’s securityholding percentage in the class of securities at

the end of the month for which the report is made:

As of April 30, 2013, accounts over which Canso has investment authority

(collectively, the “Accounts”) hold 4,688,243 common shares of the Issuer and

$32,145,639 par amount of senior subordinated exchangeable debentures of YPG

Financing Inc., which are exchangeable into an additional 1,688,321 common

shares of the Issuer. These holdings represent a securityholding percentage of

approximately 21.51%, calculated on the basis of 27,955,077 total issued and

outstanding common shares.

In addition, these accounts hold $206,293,811 par amount of the senior secured

notes YPG Financing Inc. 9.25% November 30, 2018."

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