J.P. Morgan & Co., Chase Manhattan Corp., Toronto Dominion, and NationsBank Corp. have brought a tightly-priced $5.5 billion loan to market for Westinghouse Electric Co.

Pittsburgh-based Westinghouse will use the proceeds from the deal to refinance some of last year's $7.5 billion loan in connection with the acquisition of CBS Inc. and some of the debt of Infinity Broadcasting, a recent acquisition.

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