New Street Research - Softbank Corporation (9434 JT) New Street: SBKK shares pledged in a margin loan â€“ Reduced overhang risk in near term

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New Street Research

Chris Hoare

EUR 1175.80 For Business Accounts Only

New Street: SBKK shares pledged in a margin loan â€“ Reduced overhang risk in near term

SoftBank Group (SBG) has announced this morning that it has entered into a Â¥500bn margin loan with 16 banks and pledged 953mn SoftBank Corp shares (SBKK) as collateral for this margin loan.

19/02/2020 3 EN

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Softbank Corporation

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New Street Research

Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:

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Pan European Telecom Services and Cable

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Chris Hoare

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New Street: SBKK shares pledged in a margin loan â€“ Reduced overhang risk in near term

New Street: Japanese Telcos - Another strong quarter, more upside to come, stay bullish – Q3FY20 review

New Street: Softbank Corp Q3: Strong numbers and raised guidance

New Street: Japanese Mobile: Granular approach to price cuts suggests ARPU stability, and upside to expectations

America Movil (Buy, TP: $22, +30%) Q1 25 – Slower but decent; FY25 capex expected at $6.7bn

Meta Platforms (META, Buy, $625 target) Where does the AI trade go from here? Takeaways from LlamaCon

Meta Platforms (META, Buy, $625 target) Absorbing the headwinds, bringing more clarity to vision for ROI on AI

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