October 26, 2009 (FinancialWire) -- Diebold, Inc. (NYSE: DBD | Quote | Chart | News | PowerRating) has entered into a $400 million and euro 75 million credit facility agreement with a group of banks.
The new facility replaces a previous facility of around the same amount, which was scheduled to expire in April 2010. The new arrangement maintains existing covenants that were already in place, and is unsecured. The new credit facility is for a term of three years and expires in October 2012.
North Canton, Ohio-based Diebold provides integrated self-service delivery and security systems and services. Diebold employs more than 17,000 people and has representation in nearly 90 countries worldwide.
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