TechBloomberg2h ago
SoftBank raised ~$11B in debt through its junk bond sale, making
SoftBank raised ~$11B in debt through its junk bond sale, making the Japanese investment firm one of the biggest corporate junk-bond borrowers in the world
TL;DRSoftBank borrowed $11B via junk bonds, joining top corporate debt borrowers globally.
Why it matters: Signals aggressive expansion despite economic uncertainty; shows risk appetite among major institutional investors.
Billionaire Masayoshi Son's SoftBank Group Corp. pushed through one of the largest junk-bond offerings on record …
Read full articleSource: Bloomberg · Opens in new tab