Comdisco, Inc. Announces $250 Million Renewal of Its Multi-Option Facility.

Business Editors

ROSEMONT, Ill.--(BUSINESS WIRE)--Dec. 20, 2000

Comdisco, Inc. (NYSE NYSE

See: New York Stock Exchange : CDO (Collaborative Data Objects) A programming interface from Microsoft for accessing MAPI-based e-mail, calendaring and scheduling servers. Originally called "OLE Messaging" and "Active Messaging," CDO wraps the Enhanced MAPI library into a COM object that provides the )today announced that the company has renewed the 364 day committed facility Committed Facility

A credit facility whereby terms and conditions are clearly defined by the lending institution and imposed upon the borrowing company.

Notes:
In committed facilities, the borrowing companies must meet specific requirements set forth by the lending , under its multi-option facility, for $250 million. The renewed facility will expire on December 19, 2001.

The lead bank for the renewed facility is the Royal Bank of Scotland

This article deals with the retail bank. "Royal Bank of Scotland" can also refer to its holding company: Royal Bank of Scotland Group."

The Royal Bank of Scotland Plc (Scottish Gaelic: Banca Rìoghail na h-Alba . There are a total of 9 banks comprising the $250 million, 364 day committed facility agreement under the multi-option facility. The company's multi-option facility also includes a $275 million 5 year committed facility that expires in December 2002, for a combined total of $525 million of committed credit.

The company announced on December 5, 2000 that it renewed its $275 million, 364 day committed facility, under its global credit facility. The company's global credit facility is a $550 million facility comprised of a $275 million 5 year committed facility expiring in December 2002, and a $275 million, 364 day committed facility expiring on December 3, 2001.

The global credit facility and the multi-option facility provide a combined total of committed bank lines of $1.075 billion to Comdisco.

About Comdisco: Comdisco (www.comdisco.com) provides global technology services to help its customers maximize technology functionality, predictability and availability, while freeing them from the complexity of managing their technology. The Rosemont, (IL) company offers a complete suite of information technology services including business continuity, Web-Availability (SM), network, storage, and IT Control and Predictability Solutions (SM). Comdisco also offers equipment solutions to key vertical industries, including electronics, telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. , pharmaceutical, biotechnology and manufacturing. Through its Ventures division, Comdisco is providing equipment leasing Equipment Leasing is a financing option to lease equipment for a certain amount of time. Leasing Benefits

Control secondary market, offer the ability to up-grade and trade-in.
Converts cash buyers of small machines to larger, more expensive purchases.

and other financing and services to venture capital backed start-up companies start-up company

A new business. . The company's revenue for the 12 months ended September 30, 2000 was $3.9 billion.

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Publication:	Business Wire
Geographic Code:	1USA
Date:	Dec 20, 2000
Words:	289
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