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NHL prepares loan pool that will top $1B

04 / 14 / 14

Boosted by its lucrative new Canadian media deal and other revenue growth, the NHL is preparing a groundbreaking credit facility of at least $1 billion that for the first time would allow clubs to borrow from a centralized loan pool, finance sources said. The NHL’s longtime banker, Citigrou...

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Tags: Finance

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The Sporting 40 Stock Index

The Sporting 40 Stock Index chart for the week of 6/7/00 – 6/13/00.

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06/19/00
Nike climbs after dip

Nike Inc. shares fell sharply but recovered somewhat after a Wall Street analyst's report that the sneaker giant's stock is likely to stagnate for a while. Nike shares plunged 11 percent before recovering to close at $40.40 on June 12, the day Goldman Sachs analyst Margaret Mager reiterated ...

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06/19/00
Preds call off deal to buy teams

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06/19/00
Refinancing to net Detroit owner $50M

Detroit Tigers and Red Wings owner Michael Ilitch plans a major sports financing that would personally net him roughly $50 million, according to several banking sources familiar with the plan. The $50 million is intended, in part, to help defray operating losses the Tigers suffered in rece ...

Tags: Baseball, Cleveland Indians, Comerica Inc., Detroit Red Wings, Detroit Tigers, Finance, Fleet, MARC Advertising, Miami Dolphins, MLB, Brooklyn Nets, NFL, Sportscorp Ltd., Sumitomo Bank Ltd., YankeeNets

06/12/00
The Sporting 40 Stock Index

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06/12/00
Finance briefs

  Ilitch paying for overruns Detroit Tigers owner Mike Ilitch and Olympia Entertainment are using cash and loans to cover nearly $100 million in additional costs for the team's new Comerica Park, according to a Detroit Free Press report. ...

Tags: Comerica Inc., Detroit Tigers, Edmonton Oilers, Finance, National Lacrosse League, NHL, Pittsburgh Pirates, Pittsburgh Steelers, PNC Bank

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The Sporting 40 Stock Index

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