TechFlow News, May 25: According to Bloomberg, SoftBank Group Corp. plans to raise approximately $1.6 billion through a new subordinated bond issuance primarily targeting retail investors. Regulatory filings indicate the bonds have a 35-year maturity, with the issuer holding a call option exercisable after five years. Pricing for this issuance is scheduled for June 5, with the initial coupon guidance range set at 4.8% to 5.6% for the first five years. This marks SoftBank’s second similar retail bond offering within roughly two months.
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