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O.C. BUSINESS PLUS | ORANGE COUNTY BRIEFLY

Western Digital Has $125-Million Credit Line

September 29, 2000|Dow Jones

Western Digital Corp. said Thursday that it has arranged for a $125-million line of credit with GE Capital and Bank of America.

The Irvine disk drive manufacturer said the agreement, which is for a three-year term, supports growth plans, though there are no plans to use the funds now.

The company's stock moved up 38 cents a share to $5.44 on the New York Stock Exchange.

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