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Jump to full article: NewsEdge, 1999-05-12
Author: Nikkei English News via NewsEdge
Intro: A consortium of
27 Japanese and foreign banks led by Citibank extended a syndicated loan
Tuesday worth an aggregate 5 billion dollars, or some 600 billion yen, to
Japan Tobacco Inc. (2914) to cover its acquisition of RJR Nabisco Holdings
Corp.'s overseas tobacco operations.
The syndicated loan, the largest of its kind ever extended to a corporation in
Asia, will mature in 364 days.
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