Chase Manhattan Corp. will arrange $140 million in syndicated bank financing for the construction of Pacific Bell Park, the San Francisco Giants' new stadium.

The Giants said they selected Chase from "more than a dozen world-class financial institutions" bidding to finance the park. The team says the project is Major League Baseball's first privately financed ballpark in 30 years.

The park is budgeted at $255 million. Pacific Telesis Group paid about $50 million to name it. Another $50 million or so is to come from concession rights, sponsorships, and seating. And government agencies are to provide $10 million to $15 million in tax breaks.

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