Economy
SoftBank telecom unit plans first bond sale since its listing
(Bloomberg) –The Japanese telecommunications business of billionaire Masayoshi Son’s conglomerate is planning to sell its first bond since listing, in a test of investor sentiment after recent stumbles by the broader group.
SoftBank Corp. is considering the sale of five-, seven- and 10-year notes in the current fiscal year ending March 31, with pricing likely to occur in the January-March quarter, people familiar with the matter said. Parent SoftBank Group Corp. earlier this month reported its first quarterly operating loss in 14 years, after writing down the value of marquee investments including WeWork.
SoftBank Corp. declined to comment, when asked by Bloomberg about the debt sale plan.
Read: SoftBank Is Eyeing Burgers, Digital Pharmacy for Second Vision Fund
The losses and rescue of WeWork have called into question Son’s deal-making approach just as he’s trying to raise an even larger successor to his $100 billion Vision Fund. The Japanese telecommunications business had considered a debt sale before the end of the calendar year, but its timing will likely be pushed into next year because of recent market concern surrounding WeWork, according to two people.
-
Economy3 weeks agoOMIFCO IPO: Price, Dividends, Subscription Dates and Listing – Here’s Everything You Need to Know
-
Magazines2 months agoOER Magazine April 2026 Issue
-
Oman2 months agoREVIEW: WHOOP and the Rise of Performance Luxury
-
Lifestyle2 months agoAP x Swatch Royal Pop: A Rule-Breaking Collaboration That Takes the Royal Oak Off the Wrist
-
News2 months agoANALYSIS: Oil Slips As Peace Hopes Reprice Middle East Risk, But Supply Tightness Keeps Market On Edge
-
Banking & Finance2 months agoTariq Atiq Appointed as CEO of Bank Nizwa
-
Oman2 months agoWhat Is Musstir Heights, Oman’s RO300mn Mountain Destination?
-
News2 months agoOIA Expands Future Healthcare Technology Portfolio With Investment In Neuralink
