Softbank to Raise $4 Billion in Bonds to Pay for Sprint Purchase

Softbank to Raise $4 Billion in Bonds to Pay for Sprint Purchase

Victor J. Blue/Bloomberg

A pedestrian passes a Sprint Nextel Corp. retail store in New York. The acquisition of Overland Park, Kansas-based Sprint’s 56.4 million subscribers would increase Softbank’s customer base to 96 million in the U.S. and Japan, the Japanese company said in October.