Japan's SoftBank aims to raise $3-5b via dollar bond issue

Japan's SoftBank aims to raise $3-5b via dollar bond issue

REUTERS/Toru Hanai

Japan’s SoftBank Group Corp is targetting raising between $3 billion and $5 billion through an offering of U.S. dollar bonds, according to a person familiar with the plans.

The group has named Morgan Stanley, Bank of America Merrill Lynch and Deutsche Bank as joint global coordinators for a bond offering, it said in an announcement on Thursday, without disclosing the amount it plans to raise.

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