Los Angeles Real Estate Litigation Lawyer Jeffer Mangels Butler & Mitchell LLP HomeJMBM represented Wells Fargo Foothill, part of Wells Fargo & Co., in the arrangement of a new two-year asset-backed credit facility for Silicon Graphics, Inc. Ableco Finance LLC was also involved in the agreement. The new facility increases SGI’s credit line to $100 million, consisting of a $50 million revolving line of credit and a $50 million term loan. The credit facility will allow the company to borrow cash and obtain letters of credit.
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