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Pharmacy & convenience stores chain $WBA said it completed the placement of $5.0Bil of term loan facilities in two different tranches of $2.5Bil each. The company also completed the $7.8Bil term loan bridge facility. These facilities replace the previously announced $12.8Bil bridge facility commitment, the company said.
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The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.