Bankers said Thursday that they are expecting to close a $2.6 billion syndicated loan package for AMP Inc.'s share repurchase program by week's end.

The deal for AMP, an electronics firm based in Harrisburg, Pa., is oversubscribed, but allocations have not been set, a bank group source said.

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.