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Nortel Closes $2B Debt Offering

Started by Mark Evans · 8 måneder dage siden

Nortel has closed its $2-billion senior notes offering with a three-tranche deal: $450 million of notes due 2016,S$550 million of notes due in 2013, and $1-billion of floating notes due in 2011. Nortel expects to use $1.3 billion to prepay a US$1.3 billion one-year credit facility that it did in February. The rest will be [...] ... Continue reading »

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