SOFTBANK WILL RAISE $4.1 BILLION IN RETAIL BOND ISSUANCE

Japanese technology investment group SoftBank Group plans to raise 600 billion yen ($4.10 billion) by issuing bonds to retail investors, it said in a filing on Monday.

It is SoftBank's largest ever bond issuance and the proceeds will be used to redeem existing bonds and to cover a portion of the outstanding payment on the acquisition of shares of chip designer Arm from its Vision Fund investment vehicle in August 2023.

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