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Edeka set to sign Eu150m loan after oversubscription

German food retailer Edeka Nordbayern-Sachsen-Thüringer is in the market with a Eu150m loan facility to replace its outstanding bilateral lines. The Eu100m term loan and Eu50m revolver, which will mature at the end of 2013, are being arranged by BayernLB, Commerzbank, DZ Bank and WestLB. The deal is expected to be signed imminently.

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