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Midway Secures New Loan And Revolving Credit Facility

Officials from Midway have announced that the company has completed a new five-year credit agreement which provides a $15 million term loan and a $15 million revolving cr...

David Jenkins, Blogger

March 8, 2004

1 Min Read
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Officials from Midway have announced that the company has completed a new five-year credit agreement which provides a $15 million term loan and a $15 million revolving credit facility with Wells Fargo Foothill. The company intends to use the proceeds of the loan and revolving credit facility for working capital and other general corporate purposes. The facilities are secured by substantially all of the assets of the company. Source: Midway Games

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2004

About the Author

David Jenkins

Blogger

David Jenkins ([email protected]) is a freelance writer and journalist working in the UK. As well as being a regular news contributor to Gamasutra.com, he also writes for newsstand magazines Cube, Games TM and Edge, in addition to working for companies including BBC Worldwide, Disney, Amazon and Telewest.

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