SoftBank Group seeks $1.7b from hybrid retail bond issue in Japan

SoftBank Group seeks $1.7b from hybrid retail bond issue in Japan

FILE PHOTO: SoftBank Corp's logo is pictured at a news conference in Tokyo, Japan, February 4, 2021. REUTERS/Kim Kyung-Hoon/File Photo

SoftBank Group Corp said on Friday it plans to raise 222 billion yen ($1.7 billion) in a hybrid yen-denominated 35-year bond issue that will be sold mostly to retail investors.