---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-030292"
form_type: "8-K"
ticker: null
cik: "0000716006"
company_name: "Yellow Corp"
filed_at: "2024-02-09T23:59:59+00:00"
generated_at: "2026-06-06T05:02:28.724551+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Yellow repays $700M CARES Act loan plus $151M interest; sells real estate for $1.89B

## Summary
- Repaid $700M CARES Act principal and over $151M interest on Feb 5, 2024, fully satisfying loan commitments.
- Completed sale of real estate holdings for aggregate $1.89B cash under Section 363 of Bankruptcy Code.
- Treasury's 15.9M shares (29.6% equity) currently worth approximately $72M.
- Upon repayment, UST Credit Agreements and Junior DIP Credit Facility were terminated and liens released.
- All transactions occurred while Company operates under Chapter 11 protection; lawsuit against Teamsters ongoing.

## SEC filing metadata
- accession: 0001193125-24-030292
- form_type: 8-K
- cik: 0000716006
- company_name: Yellow Corp
- filed_at: 2024-02-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.02, 8.01, 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/716006/000119312524030292/0001193125-24-030292-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/716006/000119312524030292/d728723d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-030292
- JSON: https://secwatch.observer/filing/0001193125-24-030292.json
- Plain text: https://secwatch.observer/filing/0001193125-24-030292.txt

## Key facts
- M&A Transactions
  Yellow Corp completed a disposition involving various purchasers for approximately $1.89 billion in cash (closed 2024-02-08).
  - Action: disposition
  - Counterparty: various purchasers
  - Consideration: approximately $1.89 billion in cash
  - Closing: 2024-02-08
  source text: As of February 8, 2024, the Company has consummated the sale of certain of the Company’s real estate holdings (the “ Sold Real Estate ”) to various purchasers for an aggregate purchase price of approximately $1.89 billion in cash (together, the “ Yellow Asset Sales ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/716006/000119312524030292/0001193125-24-030292-index.htm

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