[SoftBank Group Plans to Issue Approximately $1.6 Billion in Bonds Targeting Individual Investors] BlockBeats News, May 25, according to Bloomberg, SoftBank Group Corp. plans to raise 260 billion yen (approximately $1.6 billion) by issuing subordinated bonds primarily aimed at individual investors. This comes just about two months after its last bond issuance targeting retail investors. According to documents disclosed by the company on Monday, the bonds will have a 35-year term and include an option for the issuer to redeem them early after five years. Pricing for the bonds is expected to take place on June 5, with the initial coupon rate guidance for the first five years set in the range of 4.8% to 5.6%. [Original Link]