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SoftBank sold all $4.5B in bonds on first day

Apr. 16, 2019 5:40 AM ETSoftBank Group Corp. (SFTBY) StockSFTBF, SFTBYBy: Yoel Minkoff, SA News Editor3 Comments
  • SoftBank's (OTCPK:SFTBY) ¥500B bond issuance was fully subscribed on the first day of a planned two-week sales period as the pricing attracted strong demand from Japanese individuals, Bloomberg reports.
  • Nomura Holdings, Daiwa Securities and other brokerages were able to cover the entire portion on Monday, and one underwriter received 1.4x as much demand as the bonds that were for sale, which will be Japan's biggest-ever local corporate bond issuance.

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