Bloomberg News

Softbank Said to Start Marketing 20 Billion Yen Bonds Sale

January 16, 2012

Jan. 16 (Bloomberg) -- Softbank Corp. started marketing more than 20 billion yen in two-year bonds for sale this week, according to a person with direct knowledge of the matter.

The Japanese mobile-phone operator told investors it plans to pay between zero and nine basis points more than the yen swap rate, said the person, asking not to be identified as the information is private.

To contact the reporter on this story: Yusuke Miyazawa in Tokyo at ymiyazawa3@bloomberg.net

To contact the editor responsible for this story: Pavel Alpeyev at palpeyev@bloomberg.net


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