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SoftBank's IPO plan raises doubts on US$33b bond guarantees

Retrieved on: 2018-02-18 11:11:15

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<div>The mobile division <b>SoftBank Corp</b> assures payments to investors on US$33.4 billion in bonds of its parent, which is rated junk by Moody's Investors Service and S&P Global Ratings, according to Bloomberg-compiled data. The unit needs to prove its independence to get listed on the Tokyo Stock ...</div>

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