May 9th, 2012 by InvestorPoint

Loans at Libor or Tibor Plus 2.6% Can Be Utilized Through 2015 NISHIWAKI, Japan and MIGDAL HAEMEK, Israel, May 9, 2012 /PRNewswire/ — TowerJazz, the global specialty foundry leader, today announced that it has signed a definitive credit line agreement with GE Capital to provide TowerJazz’s Nishiwaki facility with a credit line of up to 4 billion Japanese Yen (approximately $50 million). Loans to be obtained under this credit line will carry an interest of the higher of TIBOR rate or LIBOR rate pl…continued
GE TSEM  ccd gaap Conglomerates