`

Feedback

Reader's Poll

Which of the following technologies/concepts are likely to witness significant traction this year?
 
Any data to show

Teledata

Tele Data

Mobile Subscribers Yearwise comparision

Softbank plans to raise $12.3 billion

October 15, 2006
E-mail Print PDF

Softbank plans to raise $12.3 billion by securitising its Vodafone K.K. mobile phone business. The company will raise the money in order to refinance the loan it took in April 2006 for the acquisition of Vodafone K.K. from the Vodafone Group. The planned securitisation is expected to enable Softbank to borrow funds at lower interest rates as the bonds backed by profits from the mobile phone business would be deemed more creditworthy than the company's conventional fund raising tools.

 
 
  • Most Viewed
  • Most Rated
  • Most Shared
  • Related Articles
 Your cart is empty

Monday morning

Monday morning