Softbank to Sell $410 Million of Bonds After S&P Boosts Rating, People Say

(Bloomberg) -- Softbank Corp., a Japanese
telecommunications group controlled by billionaire Masayoshi Son,
is selling about 50 billion yen ($410 million) in bonds as its
credit rating was raised, four people with knowledge of the
offering said.

Japan's third-largest mobile-phone operator hired Daiwa
Securities SMBC Co. and Mizuho Securities Co. to handle the sale,
the people said, asking not to be identified because the
information isn't public.


Read more at Bloomberg Bonds News