Fleming Cos. which is lining up $1 billion in bank financing for the planned purchase of Scrivner Inc., is also looking to refinance some $1.2 billion of existing debt, market sources said.

The $2.2 billion credit package is being syndicated by Morgan Guaranty Trust Co., the commercial banking unit of J.P. Morgan & Co.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.