Thursday, March 14, 2013

Ceragon Secures $73.5 Million Credit

Ceragon Networks closed on a three year $73.5 million of secured credit loans with an additional credit of up to $40.2 million available for bank guarantees.

The financing used by Ceragon to manage fluctuating working capital needs, mainly related to the deployment of its equipment at tier 1 operators and for general corporate purposes.
http://www.ceragon.com