Japan’s third largest telecoms operator Softbank Corp is reported to be planning the sale of JPY55 billion (USD663 million) worth of bonds, say people familiar with the situation. The telco is looking to sell a minimum JPY35 billion of five-year bonds and at least JPY10 billion of seven-year notes, said one person who claimed to have direct knowledge of the transaction but wished to remain anonymous. Bloomberg adds that Daiwa Securities Capital Markets, Mitsubishi UFJ Morgan Stanley Securities, Nikko Cordial Securities Inc and Nomura Securities have been hired to manage the sale, which could take place next week.
Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.
Have feedback, corrections, or story ideas? Send them to firstname.lastname@example.org.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors