EDF lines up seven banks for British Energy buy

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EDF lines up seven banks for British Energy buy

French energy group EDF has mandated Bank of Tokyo-Mitsubishi UFJ, Barclays Capital, BNP Paribas, Calyon, HSBC, Royal Bank of Scotland and Société Générale to arrange an £11bn syndicated loan backing its £12.4bn offer for British Energy. The loan is expected to launch shortly.

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