BRIEF-GTT Communications Completes Financial Restructuring, Reduces Debt

Reuters2023-01-03

Jan 3 (Reuters) -

* GTT COMMUNICATIONS - FINANCIAL RESTRUCTURING PROCESS COMPLETED; DEBT REDUCED BY CLOSE TO $3 BILLION

* GTT COMMUNICATIONS - AFFILIATES MANAGED BY LONE STAR FUNDS, ANCHORAGE CAPITAL, OTHERS ARE NEW INVESTOR LEADERSHIP, OWN MAJORITY OF REORGANIZED EQUITY

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