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Zhone Renews Credit Facility With Silicon Valley Bank

Zhone Technologies has renewed its credit facility with Silicon Valley Bank. The facility provides working capital financing of up to $20.0 million to support borrowings and letters of credit. Zhone has renewed this facility every year since 2003 on substantially similar terms. http://www.zhone.com

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March 16

From 25 years of the Converge Digest archive.