SSA - The saga continues

[Dennis Munro <DMunro@xxxxxxxxxxxxxxxxxxxx>]

The following is from Midrange Computing "Monday Morning AS/400 Update"
newsletter dated 7/26/99:

SSA Lines Up $41 Million Credit Facility 
======================================


System Software Associates, struggling-like so many other players in the
market-to turn around its enterprise resource planning (ERP) software
business, has lined up a $41 million credit facility from a group of lenders
headed up by Foothill Capital Corporation, a subsidiary of Wells Fargo. The
credit facility is a combination of term loans and revolving loans, which
SSA expects to be available for its use by mid-August. SSA says that the
loans will be used both to retire bank debts and for general corporate
purposes.

Dilbert's Words Of Wisdom:
"I love deadlines.  I especially like the whooshing sound they make as they
go flying by."

Dennis Munro    
Badger Mining Corporation
dmunro@badgerminingcorp.com <mailto:dmunro@badgerminingcorp.com> 

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