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Goldman Is Cutting Its Loan Exposure to SoftBank's Vision Fund

  • Bank helped arrange $3.1 billion credit line to Vision Fund
  • Goldman offering to sell in pieces as small as $50 million
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Goldman Cuts Loan Exposure to SoftBank's Vision Fund

Goldman Sachs Group Inc. is seeking to offload a portion of its stake in a $3.1 billion credit line it helped arrange for SoftBank Group Corp.’s Vision Fund, according to people with knowledge of the matter.

The New York lender has approached other financial institutions to take on some of its lending commitment to decrease its risk, said one of the people, who asked not to be identified because the talks are private. Goldman has been looking to cut its exposure to the facility for the last few months, one of the people said.