Japanese mobile network operator Softbank has started marketing Y20bn (US$260m) worth of two-year bonds, according to Bloomberg citing a person close to the matter.
The company reportedly told investors that it is looking to pay between zero and nine…
Japanese mobile network operator Softbank has started marketing Y20bn (US$260m) worth of two-year bonds, according to Bloomberg citing a person close to the matter.
The company reportedly told investors that it is looking to pay between zero and nine basis points more than the yen swap rate.
Softbank was not immediately available for comment.
In late November, TelecomFinance reported that Softbank was planning to redeem Y32.4bn (US$417m) worth of subordinated bonds, five years before their maturity date.
These bonds were issued in 2004 to finance the acquisition of Japan Telecom, now known as Softbank Telecom.
