PARIS Jan 30 Telecom equipment maker
Alcatel-Lucent said on Wednesday its credit facility
underwritten by Credit Suisse and Goldman Sachs
has been raised to 2 billion euros from an initial 1.6 billion
euros following strong investor demand.
"Alcatel-Lucent confirms that the proceeds will be used for
the refinancing of certain existing indebtedness and for working
capital and general corporate purposes," the statement said.
Bankers had said last week that growing investor demand for
riskier assets had allowed Alcatel-Lucent to increase the debt
it planned to raise in a refinancing, giving a boost to its