Money bag and wooden blocks with the word Fair. Balance. Fair value pricing, money debt. Fair deal. Reasonable price. Justified risk. Honest loan. Secured loans.

THE WALL STREET JOURNAL writes:

YRC Worldwide Inc.’s lenders gave the troubled trucker a three-and-a-half year reprieve on its heavy debt load as the company prepares for a $700 million federal bailout package.

The Overland Park, Kan.-based freight carrier said in a securities filing Wednesday that its lenders agreed to extend the maturity date on one lending facility until 2024, and to extend and further ease some requirements on a roughly $580 million term loan from a group led by affiliates of Apollo Global Management Inc.

Those deals were ...

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