JPMorgan/Citigroup/CBA Provide News Corp. Revolver
Bloomberg reported that News Corp., the publishing company that owns the Wall Street Journal , obtained a $650 million credit line that will expire in October 2018.
JPMorgan Chase, Citigroup and Commonwealth Bank of Australia (CBA) arranged the financing, News Corp. said in a regulatory filing, Bloomberg reported.
Bloomberg said further the company noted that the facility may be increased to as much as $900 million.
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