| Deal Description | Diebold Computer Leasing, Inc., used a portion of the net proceeds from this transaction for the acquisition of additional computer equipment for leasing to others. Another portion of the proceeds was to be used for deposit balances, which the company's subsidiary was required to maintain in connection with the new senior financing, which the company was then engaged in negotiations to obtain. It was expected that the proceeds would enable the company, directly or through a wholly owned subsidiary, to borrow additional funds and thereby to acquire additional computer equipment. |
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