PHILADELPHIA - Lead banks Chemical Banking Corp., Credit Suisse, and Societe Generale have put together a $2.8 billion loan for Crown Cork and Seal Co. for the acquisition of Carnadmetalbox of France.

A total of 13 banks have committed to the deal.

The loan is structured as a 364-day facility, and any drawn amount outstanding on the first anniversary of the closing date may be converted to a one-year term loan at the company's option.

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