Softbank Group : SoftBank Group returns to the EUR/USD bond markets
SoftBank Group plans to tap the EUR/USD bond markets and issue foreign unsecured notes for the first time since June 2021. In this report, we have reviewed in detail the group’s liquidity, LTV ratio and investment ambitions. We confirm our Buy recommendation on the existing EUR unsecured notes and recommend subscribing to the new notes at min. yields of 5.25% (4.5Y) and 5.625% (8Y), respectively. - - - - - - - - > - - - §...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.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.