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Wednesday, October 14, 2009 5:06:05 PM
SUBSCRIBERS: Reuters Bk Of America Loan For CIT Already ReportedLast update: 10/14/2009 4:59:23 PMDOW JONES NEWSWIRES CIT Group (CIT) could finalize terms for a loan facility of $3 billion to $6.5 billion, which is being arranged by Bank of America Corp. (BAC), as soon as this week, Reuters reported Wednesday, citing sources. Reuters said CIT would use most of the money to repay existing debt. Web site: www.reuters.com -Dow Jones Newswires; 212-416-2900 Please disregard the latest pickup of Reuters story on Bank of America arranging a $3 billion to $6 billion loan facility for CIT. The news was reported by Dow Jones Newswires and The Wall Street Journal on Oct. 1. (END) Dow Jones NewswiresOctober 14, 2009 16:59 ET (20:59 GMT)
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"Please disregard" are they nuts or what?
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