[Reed close to deal on extending loans](http://www.ft.com/cms/s/25554b62-fb7a-11dd-bcad-000077b07658,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2F25554b62-fb7a-11dd-bcad-000077b07658.html%3Fnclick_check%3D1&_i_referer=http%3A%2F%2Fblogs.journalism.co.uk%2Feditors%2F2009%2F02%2F16%2Fftcom-rbi-publisher-may-extend-loan-debt%2F&nclick_check=1)
Reed Elsevier, the publisher that shelved plans to sell its business information division last year amid collapsing valuations, is close to securing a forward-start agreement to extend about $2bn of loan debt by three years.
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