---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-286827"
form_type: "8-K"
ticker: null
cik: "0000716006"
company_name: "Yellow Corp"
filed_at: "2023-12-01T23:59:59+00:00"
generated_at: "2026-06-07T19:40:19.998001+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

# Yellow Corp enters into Amendment No. 2 to Junior DIP Credit Agreement to clarify exit fee language

## Summary
- Amendment removes "per annum" from Section 2.05(a) to clarify 7.5% is an exit fee, not a ticking fee.
- The amendment was required by MFN Partners, L.P. and its auditors.
- All existing lenders consented. No change to principal amount or interest rates.
- The company is in Chapter 11 bankruptcy (filed Aug 6, 2023).

## SEC filing metadata
- accession: 0001193125-23-286827
- form_type: 8-K
- cik: 0000716006
- company_name: Yellow Corp
- filed_at: 2023-12-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.1
- calibrated_materiality_score: 0.1
- confidence: high
- sec_items: 1.01, 1.03, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/716006/000119312523286827/0001193125-23-286827-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/716006/000119312523286827/d432956d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-286827
- JSON: https://secwatch.observer/filing/0001193125-23-286827.json
- Plain text: https://secwatch.observer/filing/0001193125-23-286827.txt

## Key facts
- Distress & Bankruptcy
  Yellow Corp entered chapter 11 in U.S. Bankruptcy Court for the District of Delaware (petition 2023-08-06).
  - Proceeding: chapter 11
  - Court: U.S. Bankruptcy Court for the District of Delaware
  - Petition: 2023-08-06
  source text: filed voluntary petitions for relief (the “ Chapter 11 Cases ”) under Chapter 11 of the U. S. Bankruptcy Code in the U. S. Bankruptcy Court for the District of Delaware (the “ Bankruptcy Court ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/716006/000119312523286827/0001193125-23-286827-index.htm
- Material Agreements
  Yellow Corp amended Junior DIP Credit Agreement Amendment with unknown valued at Junior DIP Credit Agreement Amendment entered into. (effective 2023-12-01).
  - Action: amendment
  - Agreement: credit facility
  - Value: Junior DIP Credit Agreement Amendment entered into.
  - Effective: 2023-12-01
  source text: The information set forth under Item 1.01 of this Current Report on Form 8-K regarding the Junior DIP Credit Agreement Amendment is incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/716006/000119312523286827/0001193125-23-286827-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.