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06.04.26 - 10:48
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SMFG, Nippon Life in Talks to Set Up $3 Billion LBO Loan Fund (Bloomberg)
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Sumitomo Mitsui Financial Group Inc. and Nippon Life Insurance Co. are in talks to set up a private credit fund with initial capital of at least ¥500 billion ($3.1 billion), people familiar with the matter said, as the Japanese financial giants seek to capitalize on a surge in corporate deals....
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