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More banks join Vivendi loan

Phil Elliott of GamesIndustry.biz writes:

"Vivendi's approved loan of EUR 3.5 billion for the deals including the Activision Blizzard merger and the acquisition of telecoms company Neuf Cegetel, announced earlier in the week, has had its backing syndicate expanded.

According to a Reuters report the initial move was underwritten by Bookrunners Societe Generale, HSBC, Royal Bank of Scotland and Fortis Bank.

Those four have now been joined in the syndicate by Bank of America, Barclays, Credit Mutuel-CIC and Natixis, with further expansion of the syndicate expected shortly."

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