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SoftBank raised ~$11B in debt through its junk bond sale, making the Japanese investment firm one of the biggest corporate junk-bond borrowers in the world (Bloomberg)

Techmeme ·
SoftBank is now among the world’s largest corporate junk-bond borrowers.

Bloomberg says the Japanese investment firm raised about $11 billion through a junk-bond sale. The note frames the deal by its scale, not by pricing or use of proceeds. It does not give further terms in the provided text. Techmeme’s note

score 8

Categories: Money & Moves