Tandon Corp has established a $45m secured revolving credit facility with Dresdner Bank AG of Frankfurt, West Germany, and a consortium of banks in Vienna, Austria. The borrowings will provide working capital for production operations in Austria and distribution of its computers through Europe.
Tandon Corp has established a $45m secured revolving credit facility with Dresdner Bank AG of Frankfurt, West Germany, and a consortium of banks in Vienna, Austria. The borrowings will provide working capital for production operations in Austria and distribution of its computers through Europe.