Storage Technology Corp, in a further demonstration of its recovered financial probity, has expanded the committed line of credit available from its bank group to $75m and cut its borrowing cost to the prime rate. For the past three years, $50m had been available at prime plus one percentage point.
Storage Technology Corp, in a further demonstration of its recovered financial probity, has expanded the committed line of credit available from its bank group to $75m and cut its borrowing cost to the prime rate. For the past three years, $50m had been available at prime plus one percentage point.
