Softbank ‘fascinates’ HY market with €4.75bn bond splurge

SoftBank
By Victor Jimenez
12 Sep 2017

Japanese telecoms company SoftBank has done it again. On Tuesday, it replicated its 2015 success of a €4.5bn bond issued outside of the US high yield market with a new €4.75bn issue.

“It’s a big company, it has top double-B ratings and all the right qualities that ensures it’s super-liquid paper,” said a head of corporate syndicate on Tuesday afternoon, as Softbank was pricing its new multi-billion four tranche senior unsecured bond deal. “This is one of those deals that ...

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