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Attachment B <br /> <br /> March 12, 1987 <br /> <br />To Whom It May Concern: <br /> <br /> Please be advised that Arsenal Holdings, Inc., a <br />wholly owned subsidiary of National Amusements, Inc., has <br />received commitments for the financing of its acquisition of <br />Viacom International Inc., subject to certain terms and <br />conditions, as follows: <br /> <br /> 1. National Amusements, Inc. will provide <br /> approximately I~00 million in equity capital <br /> consisting of 36 million in cash and <br /> 6,881,800 shares of Viacom stock. <br /> <br /> 2. Bank of America NT&SA has agreed to act as <br /> agent for a senior secured bank credit facility <br /> in the amount of $2.29 billion. Bank of <br /> America will provide ~592 million of the amount <br /> itself and has indicated that it is "highly <br /> confident" of its ability to complete the <br /> syndicated portion of the financing. <br /> Additionally, Bank of America will provide a <br /> separate $25 million line of credit for the <br /> purpose of financing interest payments which <br /> may be made to Viacom shareholders. <br /> <br /> 3. Merrill Lynch Capital Markets, Merrill Lynch, <br /> Pierce, Fenher & Smith Incorporated will <br /> provide $175 million through the placement or <br /> sale of subordinated debt securities. <br /> <br /> Very truly yours, <br /> <br /> Sumner M. Red~tOne' <br /> President <br /> <br /> <br />