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Volume 22 No. 7
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Lending support: Banks line up as Oak View Group, Seattle NHL team borrow record debt amount

Debt to finance the Seattle NHL expansion team and the renovations of the former KeyArena has totaled $825 million after a pair of loans led by SunTrust Bank recently closed. It is believed to be the most amount of debt ever connected to an NHL franchise. Developer Oak View Group is borrowing $5...

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