by Amruth Sundarkumar | Oct 12, 2022 | High Yield Bonds
SoftBank has agreed to buy back $2.265bn of its outstanding USD and EUR-denominated senior bonds and its 6% dollar perp post the tender offer completed on October 7. It has accepted to purchase $750mn of its USD 6% Perp, $514.366mn of its dollar bonds and €1.022bn of...
by Amruth Sundarkumar | Sep 30, 2022 | Banks, Global
SoftBank launched a tender offer to buyback up to $1.75bn of its USD and EUR-denominated bonds under an unmodified Dutch auction – accepting the lowest bids greater or equal to the minimum purchase price. The tender ends on October 7 with settlement on October...
by Amruth Sundarkumar | Sep 15, 2022 | Corporates, Global
SoftBank is planning to set up a third Vision Fund as per reports. The sources said that details were not yet clear regarding how much capital the CEO, Masayoshi Son would want to inject into a third fund. This news comes just weeks after the company apologized for...
by Amruth Sundarkumar | Sep 7, 2022 | Corporates, Global
SoftBank is on track to complete a deal to sell its Fortress Investment stake to Mubadala at more than $2bn valuation. As per sources Rajeev Misra, the key person at SoftBank Investment Advisers and formerly a partner at Fortress, is coordinating the deal with a...
by Amruth Sundarkumar | Aug 12, 2022 | Banks, Corporates, Global
Credit Suisse is moving to sue Softbank in the English High Court in a dispute over losses to the Swiss lender’s clients from the collapse of Greensill Capital. For context, Credit Suisse had initially invested its client’s money into Greensill who had already been...
