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Japan banks lend to SoftBank while selling its bonds to baseball fans

Retail sales of tech investor's riskier debt raise transparency question

Megabanks' provide SoftBank with billions in loans and also underwrite its bonds.(Nikkei Montage/ Source photo by Shinya Sawai)

TOKYO -- SoftBank Group, the acquisitive Japanese conglomerate, and the megabanks that work on its multiple deals, are facing concern about their close relationship and potential conflicts of interest.

Those concerns come a year after the conglomerate divested its Japanese mobile carrier. The public offering last December marked the end of SoftBank's days as a staid, domestically focused telecom operator.

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