Buyouts continue to generate record demand for syndicated bank loans, with Chemical Banking Corp. leading the financing for major deals just disclosed by ITT Corp. and the buyout firm Clayton, Dubilier & Rice.

The company's main unit in New York has underwritten a $1.7 billion facility that will enable ITT to buy Caesars World Inc. and a $580 million loan for Clayton Dubilier's $700 million purchase of Kraft Foodservice from Kraft General Foods.

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