Advertisement

Desert Partners LP said in a filing...

Share

Desert Partners LP said in a filing with the Securities and Exchange Commission that it has obtained the financing needed for its $1.9-billion offer for Chicago-based USG Corp. In addition to $500 million promised by Wells Fargo and Chase Manhattan banks, and previously disclosed, the Midland, Tex.-based partnership has received a $200-million commitment from Marine Midland Bank, a $100-million commitment from Societe Generale, a $50-million commitment from Credit Suisse and another $50-million commitment from Wells Fargo, according to the filing.

Advertisement