Troubled U. S. trucker YRC Worldwide is expected to increase its deadline, for the sixth time, till 11.59 pm EST Wednesday, of swapping the debt with equity as its union had pushed the banks and bond holders in order to keep the company moving.

As confirmed by the struggling US trucker YRC Worldwide, the firm is again looking to extend a crucial debt-for-equity offer that it needs to stay in business successfully, and is currently in the process of convincing bondholders to send in their support and participation.