Banks say 'yes' as Olivetti commitments hit Eu27bn

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Banks say 'yes' as Olivetti commitments hit Eu27bn

THE CRUCIAL FIRST phase of Olivetti's record Eu22.5bn loan -- gaining Eu1bn sub-underwriting commitments from the world's top lenders -- is set to close tonight (Friday), with all indications pointing to a massive oversubscription.

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