TeleCorp closes financing

August 1998
RCR;08/03/98, Vol. 17 Issue 31, p15
Trade Publication
Reports that with a group of financial institutions led by Chase Securities Inc., TD Securities (USA) Inc. and Bankers Trust Company, TeleCorp PCS Inc announced it closed a deal that will give it $525 million in senior credit facilities. Comments from Gerald T. Vento, chief executive officer of TeleCorp; When TeleCorp expects to launch this service.


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