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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: pater tenebrarum who wrote (68343)2/16/2001 11:54:24 AM
From: yard_man  Read Replies (1) of 436258
 
Probably wouldn't hurt them to sell off a little more of some of the businesses and retrench a little more, but they'll get funding ... higher cost than they'd like, but they'll get it.

>>Still, some last-minute wrangling isn't uncommon in such syndicated loans, in which banks each take a chunk of a large corporate credit. Even the pessimists in the capital markets agree Lucent is likely, at this stage, to pull the deal off, even if it has to extend that deadline. "We continue to work aggressively and plan to close on the 22nd," said Lucent spokeswoman Kathleen Fitzgerald.
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