Comforce signs new revolving credit pact with PNC Business

Long Island Business News, Jul 4, 2003 by LIBN STAFF

Staffing and consulting provider Comforce Corp. (Amex: CFS) has negotiated a four-year, $75 million revolving credit agreement with PNC Business Credit.

The company's previous facility was due to expire in August.

"We are pleased that we have been able to arrange this financing from PNC Business Credit, despite difficult conditions in the lending market," said John Fanning, Comforce chairman and chief executive officer.

Copyright 2003 Dolan Media Newswires
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