We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bruce Prescott who wrote (20256)8/25/2004 9:14:11 AM
From: StocksMan   of 20297
CheckFree Announces $185 Million Three-Year Revolving Line of Credit

Wednesday August 25, 9:00 am ET

ATLANTA, Aug. 25 /PRNewswire-FirstCall/ -- CheckFree Corporation (Nasdaq: CKFR - News) today announced that it has closed on a three-year $185 million senior secured revolving credit agreement. The credit facility will be used for general corporate purposes of CheckFree Corporation and its subsidiaries, including working capital, acquisitions and letter of credit needs. The new facility provides for borrowings tied to base rate and LIBOR and contains certain financial covenants.

SunTrust Robinson Humphrey, a division of SunTrust Capital Markets, Inc. is a Joint Lead Arranger and SunTrust Bank is the Administrative Agent. Banc of America Securities LLC is a Joint Lead Arranger and Bank of America, N.A. is the Syndication Agent. . .
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext