Computer Sciences borrows $1.5 billion from credit facility to ensure continued liquidity

Computer Sciences Corp. said Thursday it drew down its absolute $1.5 billion revolving acclaim ability amidst the advancing acclaim crisis.

Computer Sciences took the activity to ensure abiding clamminess as the bartering cardboard bazaar _ a concise debt bazaar that helps companies accounts circadian operations _ has all but abeyance amidst the advancing acclaim agitation as banks anguish about companies behind on loans.

The technology close will use the $1.5 billion from the acclaim facility, which expires in 2012, to accord crumbling bartering cardboard and appellation debt.

Amid the connected disruption in the acclaim markets, Computer Sciences said it will stop application the bartering cardboard bazaar for funding.

Shares of Computer Sciences bankrupt at $27.56 on Wednesday