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Non-Tech : Zale Corporation (NYSE:ZLC) -- Ignore unavailable to you. Want to Upgrade?

To: PHILLIP FLOTOW who wrote (4)	3/31/2000 9:00:00 AM
From: PHILLIP FLOTOW	Read Replies (1) \| Respond to of 7

03/31 7:01A (DJ) Zale Gets 5-Yr Credit Line With Initial $225M Commitment Zale Gets Credit Line Commitment May Rise To $300M Fleet Natl Bank Leads Lending Grp>ZLC DALLAS (Dow Jones)--Zale Corp. (ZLC) received a five-year unsecured credit line with an initial commitment of $225 million. In a press release Friday, the jewelry retailer said the facility may be increased to $300 million under certain conditions. Zale Corp. had earnings for the year ended July 31 of $80.9 million, or $2.21 a diluted share, on sales of $1.43 billion. FleetBoston Financial Corp.'s (FBF) Fleet National Bank will lead the group of nine banks in providing the facility, which replaces another $225 million unsecured working capital line. -Roy R. Reynolds; Dow Jones Newswires; PHIL