CIMdata PLM Industry Summary Online Archive

21 October 2004

Financial News

Ansoft Corporation Announces Completion of $30 Million Secured Credit Facility

Ansoft Corporation 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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