DirecTV Secures $2B Loan

California-based satellite- television provider, DirecTV, has received a $2 billion revolving credit line.

California-based satellite- television provider, DirecTV, has received a $2 billion revolving credit line, Bloomberg reports. The credit line will replace an existing $500 million loan due in April. The new loan is set to mature on 2016. Citigroup, Barclays, Credit Suisse, JPMorgan Chase, a unit of Bank of America, Royal Bank of Scotland and UBS arranged the loan.

Click here for the story from Bloomberg.