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Japan government to create scheme to inject capital into pandemic-hit firms: Nikkei

Under the scheme, government-affiliated lenders will invest in ailing companies by offering subordinated loans or accepting preferred shares, the paper said.

The scheme will be included in a fresh package of measures the government will map out to cushion the economic blow from the pandemic, and funded partly by a second supplementary budget for the current fiscal year, the paper said without citing sources.

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