SoftBank Plans a $63 Billion Retail Bond Offering, the Largest in Japanese Corporate History

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SoftBank Group plans to issue 1 trillion yen ($62.6 billion) in retail bonds, the largest such offering in Japanese corporate history. This will be the company’s third retail bond issuance this year, with a seven-year term and interest rate details expected in early September. Analysts predict the coupon rate will exceed 4%. The funds will be used for bond redemptions and investments in physical AI, including corporate acquisitions. The company previously announced a $540 million deal to acquire ABB’s robotics division. Crypto news continues to monitor major corporate financial developments.

Odaily Planet Daily reports that, according to Nikkei, SoftBank Group plans to issue approximately ¥1 trillion ($62.6 billion) in corporate bonds targeted at Japanese retail investors, which is expected to set a new record for the largest retail bond issuance by a Japanese company. This will be SoftBank Group’s third retail bond issuance this year, following two previous issuances in April and June. The bonds will have a seven-year maturity, with specific terms, including the coupon rate, to be finalized in early September. Analysts expect the coupon rate to exceed 4%.

SoftBank Group is expected to use the raised funds for bond redemptions and investments in physical AI, including corporate acquisitions. The company previously announced plans to spend $5.4 billion to acquire ABB’s robotics division from the Swiss engineering firm. (Jin10)

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