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Telemar Norte Leste obtains financing for acquisition of networking and telecommunications equipment from Ericsson Telecomunicacoes

July 2011

Client(s) Telemar Norte Leste S.A.

Jones Day advised Telemar Norte Leste, S.A., Brazil's largest telecommunications company, in its $103 million export credit facility for the acquisition of networking and telecommunications equipment from Ericsson Telecomunicacoes S.A. in a financing transaction guaranteed by the Swedish Export Credits Guarantee Board (Exportkreditnamden (EKN)).

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