WorldCom revise financing programme

Global communications company WorldCom has reached agreement with its banks on a revised $1.5bn (€1.6bn) financing programme.

WorldCom revise financing programme

Global communications company WorldCom has reached agreement with its banks on a revised $1.5bn (€1.6bn) financing programme.

This agreement replaces a larger $2bn (€2.17bn) financing deal that was in doubt due to WorldCom's recently reduced credit rating.

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