ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Japan-Update

SoftBank readies multibillion-dollar bond issue

Hybrid bonds cushion balance sheet impact, help finance Vision Fund

TOKYO -- SoftBank Group will issue dollar-denominated bonds to raise capital for the company's technology investment fund established with Saudi Arabia and other partners, a vehicle that may reach as large as $100 billion over the next five years.

The Japanese tech company's bonds are expected to raise 300 billion yen to 500 billion yen ($2.64 billion to $4.41 billion), taking advantage of low interest rates. The debt will be issued as perpetual subordinated hybrid bonds, which have no maturity date and act similarly to equity. The company will seek investors in Europe and Asia.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more