Credit Bank of Japan Ltd. to the U.S. leverage-buyout group Ripplewood Holdings LLC, according to a source close to the transaction.

A spokesman for Ripplewood in New York confirmed that the company is "in discussions" with Japanese authorities but declined to elaborate.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.