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Padres add $50M to borrowing capacity, eye future renovations

Published in SportsBusiness Journal on 08 / 14 / 17

The San Diego Padres added $50 million in borrowing capacity as part of a new $140 million financing package with U.S. Bank. The team has no specific plans for the new borrowing muscle but wants it in reserve for future renovations to its stadium and other venues. “Petco can be a 100-year-o...

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