SoftBank Plans $4.1 Billion Retail Bond Issuance

Reported about 14 hours ago

SoftBank Group announced its intention to raise 600 billion yen (approximately $4.1 billion) through the issuance of bonds targeted at retail investors, marking its largest bond issuance to date. The funds will be allocated to redeem existing debts and partially finance the acquisition of chip designer Arm from SoftBank's Vision Fund. The bonds are set to mature in May 2030 and offer yields between 3% and 3.6%.

Source: YAHOO

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