Nortel Announces Waivers and Amendments Under Credit and Support Facilities
Toronto, Canada (ots/PRNewswire) - Nortel(x) Networks Corporation (NYSE: NT , TSX: NT) today announced that it and its principal operating subsidiary, Nortel Networks Limited ("NNL"), and NNL's subsidiary Nortel Networks Inc. ("NNI") have entered into an amendment and waiver with the lenders under Nortel's US$1.3 billion one- year credit facility (the "2006 Credit ...