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Bloomberg
SoftBank Group Corp. is getting ready to return to overseas debt markets for the second time in two months after issuing $4.5 billion in dollar-denominated subordinated notes in July.
Headed by billionaire Masayoshi Son, SoftBank is accelerating deal-making around the world, and has been in discussions to combine its US wireless operator Sprint Corp. with a potential partner. The SoftBank Vision Fund has also kicked off investments, with deals ranging from ride sharing, co-working and robotics to agriculture, cancer detection and autonomous driving.
SoftBank is holding investor calls for potential US dollar, euro note sales, according to a person familiar with this offering, who is not authorised to speak publicly and asked not to be identified.
The Japanese internet giant
has mandated Deutsche Bank AG, Citigroup Inc., Goldman Sachs Group Inc. and Morgan Stanley for the deal.
SoftBank’s bond issuance swelled since 2013, when it bought Sprint, and the company had net debt of $125.4 billion at the end of June.