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Product category:
Measurement and Quality Software and SPC
News Release from: Ansoft Europe
Edited by the Manufacturingtalk Editorial
Team on 05 November 2004
New credit facility for general
corporate purposes
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Ansoft has announced completion of a $30 million secured credit facility for general corporate purposes.
Ansoft has entered into a $30 million one-year secured credit facility with PNC Bank, National Association The revolving facility replaces the company's previous credit facility terminated during the first quarter
The new facility will be used primarily for general corporate purposes.
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