SoftBank to Raise $1.6 Billion via Retail‑Targeted Subordinated Bond

Deal Summary

SoftBank Group Corp. announced a plan to raise ¥260 billion (about $1.6 billion) by issuing subordinated bonds primarily to individual investors. The 35‑year bonds include a call option after five years, with pricing set for June 5 and an initial coupon range of 4.8%‑5.6%.