What syndicate of banks is funding this deal with a drop in S&P?

Question

The split-off calls for Time Warner Cable paying a total dividend of $10.27 per share, or $10.9 billion to all shareholders, of which parent company Time Warner will receive $9.25 billion. Time Warner Cable will fund the dividend with its existing credit facility and a $9 billion, two-year bridge loan from a syndicate of banks, raising its total debt load to $24.2 billion

http://news.yahoo.com/s/ap/20080521/ap_on_bi_ge/time_warner_time_warner_cable;_ylt=Ar6vmb5ATF9cM3qKcZOTSAOs0NUE

Answer 1

wow