NationBank Corp.'s Texas unit has arranged a $200 million unsecured revolving line of credit for Franchise Finance Corporation of America.

The line of credit replaces a partially secured acquisition loan facility with Nomura Asset Capital Corp. that was scheduled to expire in July 1996. The new agreement is for a two-year period, with the possibility for three annual extensions. Proceeds from the new line of credit will be used for acquisitions and general corporate purposes.

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