SoftBank Group to raise record $4bn from retail bonds

SoftBank Group to raise record $4bn from retail bonds SoftBank Group to raise record $4bn from retail bonds

TOKYO — SoftBank Group plans to raise roughly 600 billion yen ($4 billion) by selling five-year bonds to retail investors in the Japanese technology investor’s largest-ever retail bond issuance.

SoftBank disclosed the move in a filing Monday with the Kanto Local Finance Bureau, which has jurisdiction over Tokyo. The bonds will be issued on May 2.