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February 23, 2001
Lucent Technologies Closes
$6.5 Billion Financing Package
Lucent Technologies Inc. closed a $6.5 billion financing package, solving
the telecommunications equipment maker's immediate liquidity problems.
Lucent said it has obtained $4.5 billion of new 364-day credit facilities
arranged by J.P. Morgan Chase & Co. and Citigroup 's Salomon Smith Barney.
Lucent also amended an existing $2 billion credit facility due in 2003.
http://public.wsj.com/sn/y/SB982936897188525007.html
> Heck, I heard right now that even large companies like Lucent Technologies
> cannot get a bank loan !!
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