Retail-friendly: A pedestrian walking past the mascot of the SoftBank Group in Tokyo. The lender has been the single-biggest issuer in the Japanese corporate bond market in the past decade. — AFP
TOKYO: SoftBank Group Corp priced the biggest Japanese corporate bond deal of the year in a sale targeted at individuals.
The technology conglomerate sold 405 billion yen (US$3.7bil or RM15.25bil) of debt securities that mature in 2056 but which are callable after five years, at an interest rate of 2.75%, according to a statement from the company.
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