Home / ebay / (AFX UK Focus) 2008-10-18 07:05 UPDATE 1-EBay draws $1 bln from revolving credit facility (Interactive Investor)

(AFX UK Focus) 2008-10-18 07:05 UPDATE 1-EBay draws $1 bln from revolving credit facility (Interactive Investor)

SAN FRANCISCO, Oct 17 (Reuters) – EBay Inc said on Friday it had borrowed $1.0 billion under its revolving credit facility, with funds going toward its pending acquisition of payments services Bill Me Later and other general corporate purposes. The Internet auctioneer still has approximately $840 million available under the facility. Last week, eBay announced that it would pay about $924 million …

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