SoftBank issues an additional 260 billion yen in subordinate debt to finance AI investments

BlockBeatNews

BlockBeats News, May 25 — According to Bloomberg, SoftBank Group Corp. plans to raise 260 billion yen (approximately $1.6 billion) through a secondary bond issuance primarily targeted at individual investors, just over two months after its last retail bond issuance.

According to a document disclosed by the company on Monday, this batch of bonds has a 35-year maturity and includes an option for the issuer to redeem early after 5 years. The bond pricing is expected to take place on June 5, with the initial coupon rate guidance range for the first five years set at 4.8% to 5.6%.

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OracleBabysittervip
· 1h ago
Individual investors taking on such ultra-long durations are really brave.
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GateUser-673fb6favip
· 1h ago
Being redeemable after 5 years is acceptable; otherwise, it would truly become a family heirloom bond.
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0xCandleQuietvip
· 1h ago
The interest rate looks okay for the first five years, but who knows about the next thirty years.
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BluePeonyCalmingAgentvip
· 1h ago
260 billion yen, Masayoshi Son is out of ammunition again
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NftClosetGhostvip
· 1h ago
Is SoftBank treating individual investors as long-term blood bags?
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