Annual Reports

 
Quarterly Reports

 
8-K

  • 8-K (Oct 3, 2012)
  • 8-K (Sep 24, 2012)
  • 8-K (Aug 10, 2012)
  • 8-K (Jun 25, 2012)
  • 8-K (May 10, 2012)
  • 8-K (Dec 15, 2011)

 
Other

Nortel Networks 8-K 2008

Documents found in this filing:

  1. 8-K
  2. Ex-10.1
  3. Ex-99.1
  4. Graphic
  5. Graphic
Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) DECEMBER 17, 2008 (DECEMBER 15, 2008)

 

 

NORTEL NETWORKS CORPORATION

(Exact name of registrant as specified in its charter)

 

 

 

CANADA   001-07260   98-0535482

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

195 THE WEST MALL, TORONTO, ONTARIO, CANADA   M9C 5K1
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code 905-863-7000

 

 

(Former name or former address, if changed since last report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 1.01 Entry into a Material Definitive Agreement

On December 15, 2008, the registrant’s principal operating subsidiary, Nortel Networks Limited (“NNL”) executed a standstill and waiver agreement (the “Agreement”) with Export Development Canada (“EDC”). The Agreement provides NNL a 30-day waiver from EDC to permit continued access by NNL to its EDC performance-related support facility (the “EDC Facility”). Pursuant to the terms of the agreement governing the EDC Facility, the recent downgrade by Moody’s of Nortel Networks Corporation’s corporate family rating to Caa2 would, absent the aforementioned waiver, permit EDC to terminate or suspend the EDC Facility.

Item 9.01 Financial Statements and Exhibits

 

(d)    Exhibits   
   10.1    Standstill and Waiver Agreement dated December 15, 2008 between NNL and Export Development Canada.
   99.1    Press Release issued by the registrant on December 15, 2008.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

NORTEL NETWORKS CORPORATION

By:

 

/s/ GORDON A. DAVIES

 

Gordon A. Davies

Deputy General Counsel

and Corporate Secretary

By:

 

/s/ ANNA VENTRESCA

  Anna Ventresca
  Assistant Secretary

Dated: December 17, 2008


EXHIBIT INDEX

 

Exhibit No.

 

Description

10.1   Standstill and Waiver Agreement dated December 15, 2008 between NNL and EDC.
99.1   Press Release issued by the registrant on December 15, 2008.
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki