Bloomberg News

Sony Said to Boost Size of Bond Sale This Week to 55 Billion Yen

March 05, 2012

Sony Corp. (6758) increased a bond offering this week to 55 billion yen from about 50 billion yen, according to a person with direct knowledge of the matter. The company told investors it plans to offer 45 billion yen of five- year notes priced to yield 36 basis points more than government debt, said the person, asking not to be identified as the information is private. Sony said earlier today it planned to sell about 40 billion yen of the five-year bonds, the same person said at the time.

Sony also plans to sell 10 billion yen of 10-year debt at a spread of 43 basis points more than benchmark government debt, the person said.

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

To contact the editor responsible for this story: Beth Thomas at bthomas1@bloomberg.net


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