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SoftBank Group Lines Up 11 Lenders for Arm’s $8 Billion Loan

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Japan’s SoftBank Group Corp. has lined up banks including JPMorgan Chase & Co. for an $8 billion term loan secured by the shares of its unit Arm Ltd.

Barclays Plc, Banco Santander SA, BNP Paribas SA, Credit Agricole Corporate and Investment Bank and Goldman Sachs Group Inc. are also among the 11 lenders involved, a spokesperson for the Japanese company said, confirming a Bloomberg report citing people familiar with the matter.