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Canada-Based Global Business Communication Leader Mitel Networks Corporation Files for Chapter 11 Bankruptcy Which Will Reduce Balance Sheet Leverage by $1.15 Billion & Annual Cash Interest Expense Will Reduce by $135 Million, Will Receive $64.5 Million of New Exit Financing to Support Operations, Mitel Networks Provides Business Communications to 70 Million Users in 100 Countries
10th March 2025 | Hong Kong
Canada-based global business communication leader Mitel Networks Corporation has filed for Chapter 11 Bankruptcy which will reduce the balance sheet leverage by $1.15 billion & annual cash interest expense will reduce by $135 million, and will receive $64.5 million of new exit financing to support operations. Mitel Networks provides business communications to more than 70 million users in 100+ countries. Mitel is a global leader in business communications, providing businesses with advanced communication, collaboration, and contact center solutions. With more than 70 million users across over 100 countries, Mitel empowers organizations to connect, communicate, and collaborate seamlessly, with the flexibility and choice they need to thrive, both now and for the future. Through proven experience and innovative solutions, Mitel delivers communications without compromise.
“ Canada-Based Global Business Communication Leader Mitel Networks Corporation Files for Chapter 11 Bankruptcy Which Will Reduce Balance Sheet Leverage by $1.15 Billion & Annual Cash Interest Expense Will Reduce by $135 Million, Will Receive $64.5 Million of New Exit Financing to Support Operations, Mitel Networks Provides Business Communications to 70 Million Users in 100 Countries “
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Canada-Based Global Business Communication Leader Mitel Networks Corporation Files for Chapter 11 Bankruptcy Which Will Reduce Balance Sheet Leverage by $1.15 Billion & Annual Cash Interest Expense Will Reduce by $135 Million, Will Receive $64.5 Million of New Exit Financing to Support Operations, Mitel Networks Provides Business Communications to 70 Million Users in 100 Countries
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