Hilton Hotels said Wednesday it could find approximately $3 billion in loans or bonds to support its $10.5 billion hostile bid for ITT Corp.

"Financing this is not the issue," said Marc Grossman, a spokesman for Hilton, responding to a report that the bank loan market had balked at the prospect of a $7 billion financing package.

Lenders seemed more supportive of a smaller deal.

"That absolutely should be financeable," said Bruce Ling, the head of loan syndications at Credit Suisse First Boston.

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