Logo ofSoftBank Group Corp.
SoftBank Group Corp. plans to raise ¥260 billion ($1.6 billion) through another sale of subordinated bonds aimed mainly at individual investors, as its funding needs related to artificial intelligence (AI) investments grow. 
The bonds mature in 35 years with an issuer call option after five years, according to documents disclosed by the company. The pricing is scheduled for June 5, with the initial five-year coupon guided at 4.8%-5.6%, according to Bloomberg.
This marks the company’s return to the retail bond market just two months after a similar offering, coinciding with increasing global spending on artificial intelligence infrastructure and the company’s need to finance its growing investments in this sector.
Logo ofSoftBank Group Corp.
SoftBank Group Corp. plans to raise ¥260 billion ($1.6 billion) through another sale of subordinated bonds aimed mainly at individual investors, as its funding needs related to artificial intelligence (AI) investments grow.
The bonds mature in 35 years with an issuer call option after five years, according to documents disclosed by the company. The pricing is scheduled for June 5, with the initial five-year coupon guided at 4.8%-5.6%, according to Bloomberg.
This marks the company’s return to the retail bond market just two months after a similar offering, coinciding with increasing global spending on artificial intelligence infrastructure and the company’s need to finance its growing investments in this sector.
