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SoftBank secures $23.3 billion refinancing for Sprint and ARM buys

TOKYO (Reuters) - Japan's SoftBank Group Corp <9984.T> said on Thursday it has secured a 2.65 trillion yen ($23.3 billion) senior loan agreement to refinance the acquisition loans for U.S. telco Sprint Corp <S.N> and British chip designer ARM.

SoftBank said the loan's maturity is Sept. 30, 2024.

($1 = 113.8400 yen)

(Reporting by Taiga Uranaka)