Global Axcess Corp signs $17 million credit facility with Fifth Third Bank
Global Axcess Corp , an independent provider of self-service kiosk solutions, today announced that it has signed an agreement for a $17 million credit facility from Fifth Third Bank, reducing the Company's cost of debt and extending its ability to fund anticipated growth in both the ATM and DVD kiosk business lines.
Global Payments Inc. will buy back $125 million of its stock from Bank of America Corp. under an accelerated share repurchase agreement.