Tech Data gets $500M in credit

  • By Business Observer Staff
  • | 3:51 p.m. October 4, 2011
  • Tampa Bay-Lakeland
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CLEARWATER -- Tech Data Corp. (symbol: TECD) entered into a new revolving credit agreement this month, giving the technology distributor access to a $500 million debt line over the next five years. The new credit agreement replaces a $250 million account that was set to expire in March, the company says.

 

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