Oddo BHF - SoftBank Group Corp. (9984) Softbank Group : Recommandation Achat sur les nouvelles obligations SOFTBK 2029 et 2032

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Oddo BHF

Pierre François Merveille

Softbank Group : Recommandation Achat sur les nouvelles obligations SOFTBK 2029 et 2032

>Les nouvelles obligations en EUR/USD ont été pricées hier - SoftBank Group (SOFTBK, Ba3/BB+) a émis hier l’équivalent de 1,75 md EUR de nouvelles obligations en EUR/USD. Dans le détail, le groupe a émis 400 m USD de nouvelles obligations 6,75% 07/2029, 500 m USD de nouvelles obligations 7% 07/2031, 450 m EUR de nouvelles obligations 5,375% 01/2029 et 5,75% de nouvelles obligations 07/2032. Les rendements sont un peu plus serrés que le price talk initial pour les tr...

28/06/2024 1 FR

Underlying

SoftBank Group Corp.

SoftBank Group is a holding company. Domestic Telecommunications business provides mobile communication services, mobile devices, broadband services to retail customers, and telecom services to corporate customers in Japan. Sprint business provides mobile communication services and fixed-line telecommunication services in the U.S. Yahoo Japan business operates Internet-based advertising and e-commerce business. Distribution business distributes mobile devices overseas, and sells software and mobile device accessories in Japan. ARM business designs microprocessor intellectual property and related technology. SoftBank Vision Fund & Delta Fund business is engaged in the investment activities.

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JP3436100006 Japan

Provider

Oddo BHF

Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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Analysts

Pierre François Merveille

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Softbank Group : Recommandation Achat sur les nouvelles obligations SOFTBK 2029 et 2032

Japanese Telcos - Takeaways from Meetings with the Japanese Telcos + Rakuten in Tokyo. Switch from SB to NTT (and KDDI). NTT new top pick.

The Tech Infrastructure Quarterly Bible 2Q24

Nvidia 2FQ25: ROI controversy mis-framed by the sell side; Blackwell delay a non-issue. Buy, $143 TP.

Tubacex : Middle East catalysts expected to reactivate re-rating

ODDO : August watch exports surprisingly up, looks like a misleading signal

ODDO : August watch exports surprisingly up, looks like a misleading signal

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