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SoftBank-backed Greensill plans to raise capital after clients experience troubles

Supply-chain finance company says business is booming, but it also faces client defaults, regulatory scrutiny and loosening ties from partner firms

SoftBank-backed Greensill Capital, a provider of specialty finance that helps companies manage cash, said it is asking investors for fresh capital to bolster its balance sheet.

The move comes after several Greensill clients hit financial troubles, partner companies loosened ties with the firm and its banking arm came under scrutiny from regulators, according to filings and people familiar with the matter.

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