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https://i-invdn-com.investing.com/trkd-images/LYNXNPEH601MX_L.jpgSoftBank plans to sell dollar bonds worth $3.85 billion with maturities ranging from 3.5 years to 10 years, and euro bonds worth 2.95 billion euros ($3.5 billion) with a similar duration.
The group, which hiked its capital commitment to the second Vision Fund to $40 billion, said proceeds from the latest bond issuance would be used to repay debt and general corporate purposes.
The bonds were given a BB-plus junk rating by S&P Global (NYSE:SPGI) Ratings.
($1 = 0.8438 euros)