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EDC Still Backing Nortel
By Mark Evans | December 14, 2006
Export Development Canada’s support of Nortel is alive and well amid news Nortel has amended its master facility agreement to extend the maturity date of the US$750-million facility for an additional year to December 31, 2008. This includes the existing US$300 million of committed support for performance bonds and similar instruments.
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Topics: Financials |
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