HSBC and JP Morgan launch £1.25bn for battling Reuters

28 Feb 2003

HSBC and JP Morgan this week launched syndication of a £1.25bn dual tranche facility for Reuters.

Debt is split into a £450m 364 day revolver and an £800m five year revolver.

Banks have been invited to commit to the facility taking £85m for 22.5bp or £50m ...

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