Softbank (SFTBF.PK) reportedly intends to issue $3.2B worth of four-year bonds to help finance...

|By:, SA News Editor

Softbank (SFTBF.PK) reportedly intends to issue $3.2B worth of four-year bonds to help finance its acquisition of a 70% stake in Sprint (S) for $20.1B. "Softbank is well-known and popular among individuals," says analyst Mana Nakazora. "There isn’t concern about the bonds remaining unsold."