This site uses cookies to provide you with a great user experience. By using BondbloX, you accept our use of cookies.
Bond Market News
SoftBank Issues Largest Non-Investment Grade Hybrid
July 14, 2017
SoftBank Group sets a record at US$4.5 billion for the largest junk-rated perpetual, issued in 2 tranches of US$2.75 billion at 6% with an early Redemption date of July 19, 2023, and US$1.75 billion at 6.875% with an early Redemption date of July 19, 2027. The non-investment grade deal enjoyed strong demand from investors, with a large allocation to Asian private banks.
Go back to Latest bond Market News
Related Posts:
BondbloX Pte. Ltd. is regulated by the Monetary Authority of Singapore as a Recognised Market Operator ("RMO") and exempted from Section 49(1) of the Securities and Futures Act (Cap. 289) ("SFA") under Section 49(7) of the SFA.