Iomega will have $200 million at its disposal after entering a senior credit facility with 17 financial instututions. Iomega entered the revolving line of credit for a three year term. The company will use the money for general corporate purposes.
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Short Take: Iomega gets $200 million in credit
Iomega will have $200 million at its disposal after entering a senior credit facility with 17 financial instututions. Iomega entered the revolving line of credit for a three year term. The company will use the money for general corporate purposes.
Discuss: Short Take: Iomega gets $200 million in credit
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