Chase-Led Banks Extend Turner's Revolving Credit

Turner Broadcasting System Inc. said its bank group, led by Chase Manhattan Bank, agreed to extend a $560-million credit pact.

Atlanta-based Turner said the banks extended the maturity date of its $200 million revolving line of credit by one year, to March 31, 1994.

A separate, $360 million revolver will remain in place for two more years, and then convert into a four-year term loan.

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