SoftBank Issues ¥260 Billion Subordinated Debt to Fund AI Investments

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On May 25, Bloomberg reported that SoftBank Group Corp. plans to raise ¥260 billion (approximately $1.6 billion) by issuing subordinated bonds primarily aimed at individual investors, just two months after its last bond issuance targeting retail investors. According to documents disclosed by the company on Monday, these bonds will have a maturity of 35 years and include an issuer call option that allows for early redemption after five years. Pricing for the bonds is expected to take place on June 5, with an initial coupon rate guidance range of 4.8% to 5.6% for the first five years.
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