SoftBank's telecom unit plans first bond sale since listing

SoftBank's telecom unit plans first bond sale since listing

Billionaire Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., looks on during a news conference in Tokyo, Japan, on Wednesday, Feb. 8, 2017. Photographer: Kiyoshi Ota/Bloomberg

The Japanese telecommunications business of billionaire Masayoshi Son’s conglomerate is planning to sell its first bond since listing, in a test of investor sentiment after recent stumbles by the broader group.