Three US banks lead £12.2bn bridge loan for 21st Century Fox M&A

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Three US banks lead £12.2bn bridge loan for 21st Century Fox M&A

Sky remote 230x150
File photo dated 27/01/14 of a Sky television remote control, as BSkyB is to change its name to Sky after the pay-TV company completed the acquisition of Sky Italia and a majority interest in Sky Deutschland. | Chris Radburn/PA Wire/Press Association Images

Deutsche Bank, Goldman Sachs and JP Morgan are joint lead arrangers and bookrunners for a bridge loan of up to £12.2bn ($15.18bn) which 21st Century Fox will use to buy the remaining shares in Sky it does not own.

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