Japanese banks considering $22.9 bln loan to Softbank

TOKYO, Oct 12 (Reuters) - Three large Japanese banks are considering providing 1.8 trillion yen ($22.9 billion) in syndicated loans to Softbank Corp , allowing the Japanese mobile carrier to bid for Sprint Nextel Corp , sources with direct knowledge of the matter told Reuters on Friday.

The proposed syndicate includes Mizuho Financial Group Inc , Sumitomo Mitsui Financial Group and Mitsubishi UFJ Financial Group , the sources said. ($1 = 78.5100 Japanese yen)

(Reporting by Taro Fuse; Editing by Ryan Woo)


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