Merrill: Uh, Agilent can we have that $1.5 billion back, like, soon?(0)
Agilent Technologies disclosed on Monday that it had received a notice from Merrill Lynch requiring the company to repay $1.5 billion three years ahead of schedule.
The notice does not signal a liquidity crisis at Agilent, which has $3 billion in restricted and unrestricted cash on hand, according to Rodney Gonsalves, an Agilent spokesman. However, the notice marks one of the first signals that the broader credit crunch
is beginning to be felt by Silicon Valley companies.
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