Marconi to reveal new deal with creditors this week

Troubled telecom equipment maker, Marconi is expected to reveal a deal that will see it refinance debt worth over £4 bn (€6.2bn) with its creditors this week.

Marconi to reveal new deal with creditors this week

Troubled telecom equipment maker, Marconi is expected to reveal a deal that will see it refinance debt worth over £4 bn (€6.2bn) with its creditors this week.

The deal is set to include an already agreed debt-for-equity swap and a change of ownership.

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