PROSPECT HEIGHTS, Ill. - Citicorp has completed a $650 million financing for First Source Financial, the recently formed national commercial lending company here.

Citicorp structured the commercial paper financing, while Financial Security Assurance Inc. issued a financial guaranty insurance policy.

First Source Financial was formed by subsidiaries of Household Commercial Financial Services Inc. and Dominion Capital Inc.

Household sold approximately $600 million in loans to the new company.

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