Wirecard debt that facilitated SoftBank investment put up for auction

Wirecard debt that facilitated SoftBank investment put up for auction

The headquarters of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions is seen in Aschheim near Munich, Germany April 25, 2019. REUTERS/Michael Dalder

Convertible bonds that were part of a complex transaction that allowed Japan’s SoftBank Group to buy a stake in now-collapsed payments company Wirecard and then de-risk the transaction have been put up for sale in an auction.

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