SAN FRANCISCO - BankAmerica Corp. is leading a $2 billion financing for expansion by Air Touch Inc., a wireless communications company with operations in the United States and 11 other countries.

BA Securities Inc., the securities subsidiary of BankAmerica, arranged the credit facility. BA Securities, Bank of Nova Scotia, and the securities units of Chemical Banking Corp. and Citicorp served as syndication agents. A total of 47 lenders participated.

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