SoftBank Group plans record ¥1 trillion retail bond sale in Japan

Published Aug 24, 08:22 AM UTC

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SoftBank Group plans a record ¥1 trillion (US$6.3 billion) retail bond sale in Japan, the largest such offering in the country. The seven-year bonds are expected to be priced on September 4, with an indicative coupon range of 4.3% to 4.9%. SoftBank expects the bonds to receive an A rating from the Japan Credit Rating Agency. The sale targets retail investors and marks a significant fundraising move by the Japanese conglomerate.

Source

The Business TimesRegional

Original headline: SoftBank plans record US$6.3 billion retail bond sale in Japan

Original language: EN-US

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People and interests

Japan