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U.S. bankruptcy court judge OKs $425 million for Avaya loan
January 21, 2017 by elegant · Leave a Comment
A U.S. bankruptcy court judge granted Avaya Inc approval on Friday to tap $425 million of the $725 million loan proposed to carry the telecommunications company through its restructuring, funds the company said were essential to continue operations. Avaya filed for Chapter 11 bankruptcy protection on Thursday to cut its …
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U.S. bankruptcy court judge OKs $425 million for Avaya loan