DETROIT - Detroit Tigers owner Mike Ilitch has hired FleetBoston Financial Corp. and Merrill Lynch & Co. to refinance a $145 million loan that helped build the new Comerica Park baseball stadium, the Detroit News reported.

The financing would help Mr. Ilitch, who also owns the Detroit Red Wings of the National Hockey League, recoup additional costs from building the new home of the Detroit Tigers. The original loan was made Sumitomo Bank, the paper said.

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