Mitel's Credit Rating Raised by Moody's

May 20, 2010

Mitel Networks Corporation (Nasdaq:MITL), a trusted provider of unified communications software solutions, today announced that on May 19, 2010, Moody's Investor Service (Moody's) raised Mitel's corporate family rating to B3 from Caa1 and revised its rating outlook to stable from negative.

In its press release, Moody's noted that the upgrades followed the company's completion of its initial public offering on April 27, 2010 which "reduced its book debt by nearly $102 million" and stated "with good liquidity and expectations of modest cash flow surpluses, the ratings outlook is stable."

"We are extremely pleased with this upgrade as it further recognizes Mitel's strengthened financial position,"commented Steve Spooner, CFO, Mitel Networks.

A propos de Mitel

Parmi les leaders mondiaux dans le domaine des communications d’entreprise en rendant possibles plus de 2 milliards de connexions chaque jour, Mitel permet aux entreprises de se connecter, de collaborer et aux fournisseurs de services de proposer des services innovants à leurs clients.

Pour en savoir plus, visitez notre site ou suivez-nous @Mitel_FR sur Twitter

Mitel est une marque déposée de Mitel Networks Corporation.

Toutes les autres marques sont la propriété de leurs détenteurs respectifs.


Sandrine Quinton, Mitel

Tel: +33 1 30 96 43 01

Email: [email protected]

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