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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): September 7, 2000
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GENUITY INC.
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(Exact Name of Registrant as Specified in Charter)
DELAWARE 000-30837 74-2864824
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(State or Other Jurisdiction (Commission File Number) (I.R.S. Employer
of Incorporation) Identification No.)
3 Van de Graaff Drive, Burlington, MA 01803
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(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, including Area Code: (781) 262-4000
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This is Page 1 of 4 Pages.
Exhibit Index appears on Page 4.
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Item 5. Other Events
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On September 5, 2000, Genuity Inc., a Delaware corporation ("Genuity"), entered
into a $2,000,000,000 Five-Year Credit Agreement (the "Credit Agreement") among
The Chase Manhattan Bank, as administrative agent for the lenders, Chase
Securities, Inc., as arranger, Citibank, N.A., as syndication agent, Credit
Suisse First Boston and Deutsche Bank AG, as co-documentation agents, and the
banks, financial institutions and other institutional lenders listed therein.
The foregoing description is qualified in its entirety by reference to the
Credit Agreement.
A copy of the aforementioned Credit Agreement and related press release are
attached as Exhibit 10.1 and Exhibit 99.1, respectively, to this Form 8-K.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
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(c) Exhibits.
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10.1 $2,000,000,000 Five-Year Credit Agreement, dated as of September
5, 2000, among Genuity Inc., as borrower, The Chase Manhattan
Bank, as administrative agent for the lenders, Chase Securities,
Inc., as arranger, Citibank, N.A., as syndication agent, Credit
Suisse First Boston and Deutsche Bank AG, as co-documentation
agents, and the banks, financial institutions and other
institutional lenders listed therein.
99.1 Press Release dated September 7, 2000.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
GENUITY INC.
By: /s/ Daniel P. O'Brien
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Name: Daniel P. O'Brien
Title: Executive Vice President and
Chief Financial Officer
Date: September 7, 2000
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EXHIBIT INDEX
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Exhibit No. Description of Exhibits Page
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10.1 $2,000,000,000 Five-Year Credit Agreement, dated as
of September 5, 2000, among Genuity Inc., as
borrower, The Chase Manhattan Bank, as
administrative agent for the lenders, Chase
Securities, Inc., as arranger, Citibank, N.A., as
syndication agent, Credit Suisse First Boston and
Deutsche Bank AG, as co-documentation agents, and
the banks, financial institutions and other
institutional lenders listed therein.
99.1 Press Release dated September 7, 2000.
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