According to a report by The Wrestling Observer, WWE has taken out a $200 million line of credit with JP Morgan Chase Bank. Vince McMahon stated earlier this year that WWE would be willing to go into debt spending, something they have avoided doing. WWE said they would be doing this because interest rates are low right now and it would be used to help finance the new television network.
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September 16, 2011
WWE Takes Out Line of Credit to Finance Network
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