A unit belonging to the "Softbank" group plans to issue the first dollar effects

The SoftBank communication unit intends to launch its first version of the bonds in the US dollar, provided ‘Morgan Stanley’ and other banks are offering the offer of supply, in an agreement aimed at raising about one billion dollars. Softbank begins with its global promotional tours of investors who start today, June 26, to hold meetings in Asia, Europe and the United States, according to people who are familiar with the matter. In December, SoftBank obtained credit rating from agencies, including S & Global Retings, in preparation for issuing external effects. Although the telecommunications company has traditionally relied on local bonds and bank loans, it is now speeding up the pace of its efforts to diversify its financing sources, while artificial intelligence investments are reinforced. “We intend to diversify the financing channels and reach a broader basis of international investors to support the future expansion of our business.” She added that the company expects to raise about one billion dollars because it intends to sell bonds for 5 years and ten years. The list of major managers of the “City Group”, “JP Morgan Chase & Co”, “Mizuho Securities Co” and “SMBC Nikko Securities inc”. Soft Bank also held its annual general meeting for shareholders today, as President Junichi Miakawa, who chaired the meeting, emphasized its importance to continue the ambitious investment in the artificial intelligence sector, and emphasizes that “strong investment is the key to increasing institutional value.”