Nortel Terminates Security Agreements with JPMorgan Chase and Export Development Canada.

Sunday, Jan 18, 2026 4:20 pm ET1min read

JPMorgan Chase Bank and Export Development Canada are terminating the Canadian and U.S. Guarantee and Security Agreements with Nortel Networks Limited and Nortel Networks Inc., citing the expiration of the agreements on December 12, 2002. The termination is effective immediately, and the parties agree to release each other from all obligations under the agreements.

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