business / news / / MarketScreener
SoftBank Group plans to issue $3.56 billion of foreign currency-denominated senior notes.
SoftBank Group will issue $3.56 billion in senior notes to repay existing debt.
KEY POINTS
- Proceeds from the bond sale will repay a bridge loan related to OpenAI investments.
- Dollar-denominated bonds offer up to 8.5% interest, euro-denominated notes up to 7.375%.
- Standard & Poor's rated these SoftBank notes at BB+.
COMPANIES
Summarized by Newsio from MarketScreener. How we summarize →