Japanese conglomerate SoftBank is offering to buy up to $2.25bn equivalent of its USD and EUR denominated bonds alongside a consent solicitation offer. The details of the bonds as part of the tender offer are below:
The company is also seeking to amend certain terms in the notes related to a covenant focusing on the distributions of proceeds of asset sales, including removing an existing carve-out for sales of assets in the SoftBank Vision Fund.
For the full story, click here
