Japanese banks to lend up to $13 billion for Kioxia, Western Digital merger-Bloomberg

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TOKYO (Reuters) - Sumitomo Mitsui Banking Corp and three other Japanese banks have started looking into extending up to 2 trillion yen ($13.5 billion) ...

TOKYO - Sumitomo Mitsui Banking Corp and three other Japanese banks have started looking into extending up to 2 trillion yen in loans to support a merger between KioxiaMusicians, humour and stories galore help Bruce Guthro's Celebration of Life | SaltWireTOKYO - Sumitomo Mitsui Banking Corp and three other Japanese banks have started looking into extending up to 2 trillion yen in loans to support a merger between Kioxia Holdings and Western Digital Corp, Bloomberg News reported on Wednesday.

On top of the 1.6 trillion yen in loans, the banks are also likely to commit to another 400 billion yen, Bloomberg said.

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