Marketing Range: Bank and Technology Fund

marketing range: Spokesmen at Soft Bank Group and Nomura declined to comment, according to The Japan Times. Founder Masayoshi Son has transformed Soft Bank into a technology investment juggernaut in recent years, and the company said last month it will commit 38 billion of its own capital to a second Vision Fund, following its first unprecedented effort. The conglomerate is preparing to sell 300 billion to 400 billion of seven-year notes to individuals, and may set the bond's marketing range as early as this month, for issuance in September, according to the sources, who asked not to be identified because the matter hasn't been made public yet. ; Soft Bank, which last month unveiled plans for a second enormous technology fund, has a 400 billion bond due Sept. 12. The main purpose of the planned bond sale is for refinancing, and Soft Bank has already hired several underwriters for the deal. The company registered to sell yen bonds at the start of last month, according to a regulatory filing. Soft Bank is also considering a bond offering to institutional investors that may include seven-year and 10-year notes, according to sources familiar with the matter. (news.financializer.com). As reported in the news.