Minority senior secured lenders in syndicated deals rely on, among other provisions, the "sacred right" protections contained in the credit ...

Last week we reported that Mitel Networks was preparing to file for Chapter 11. Now the telecom company announces that it ...

Earlier Monday, reports of outages soared to nearly 40,000 over the previous 24 hours. UBS analyst Joseph Spak reduced his first-quarter delivery target to 367,000 vehicles from 437,000. The Big Four ...

The restructuring plan would reduce Mitel’s debt by $1.15 billion, while resolving a dispute over a debt transaction that favored one group of creditors over another.

Canadian communications technology firm Mitel Networks says it’s seeking protection from creditors in the United States in ...

Telecommunications company Mitel Networks Corp filed for Chapter 11 bankruptcy protection in Texas late Sunday, seeking to ...

Canadian tech pioneer has struggled with market shifts and consequences of the pandemic since US$2-billion private equity ...

To execute the restructuring, Mitel will employ a prepackaged plan and file voluntary petitions seeking debt relief under ...

Canada’s Mitel Networks has filed for bankruptcy in the US as the telecommunications firm continued to struggle after carrying out debt maneuvers about two years ago.

Support from a majority of existing lenders and $124.5 million in new financing will increase liquidity to optimize business operations and capitalize on the ...

Canada’s Mitel Networks has filed for bankruptcy in the US as the telecommunications firm continued to struggle after ...

Mitel Networks Corporation, ("Mitel" or "the Company"), a global leader in business communications, today announced it has ...