Deals
Softbank to Sell $3.2 Billion in Bonds for Sprint Deal
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Softbank Corp., the Japanese carrier that agreed to buy a $20 billion stake in Sprint Nextel Corp., will sell 300 billion yen ($3.2 billion) in bonds to help finance the acquisition.
Softbank will offer bonds maturing in four years to Japanese individual investors this month, the Tokyo-based company said today in a finance ministry filing.