SoftBank Corp. , a unit of Japanese conglomerate SoftBank Group Corp. , is preparing to sell its first euro-denominated bond as founder Masayoshi Son makes a big push into artificial intelligence. The unit, which listed in 2018 as the mobile arm of SoftBank Group, has mandated a group of banks to arrange investor calls in Asia and Europe starting Wednesday, according to a person familiar with the ...
SoftBank Corp. , a unit of Japanese conglomerate SoftBank Group Corp. , is preparing to sell its first euro-denominated bond as founder Masayoshi Son makes a big push into artificial intelligence. The unit, which listed in 2018 as the mobile arm of SoftBank Group, has mandated a group of banks to arrange investor calls in Asia and Europe starting Wednesday, according to a person familiar with the matter. The potential sale is for benchmark-sized, fixed-rate senior unsecured euro tranches with long six- and 10-year maturities, they said. SoftBank Corp., which also includes financial services and AI, sold its first US high-grade bond last year. The $1 billion offering of five- and 10-year debt drew demand more than seven times the size of the transaction and priced inside initial guidance. Parent company SoftBank Group is currently exploring raising as much as $40 billion in the loan market, mostly to help finance its investment in US tech giant OpenAI. That would be its largest-ever dollar-denominated borrowing, and comes as Son tries to position his company as a linchpin in the global AI boom. Read: SoftBank Seeks Record Loan of Up to $40 Billion for OpenAI Stake The conglomerate’s aggressive push into AI has drawn some scrutiny from ratings firms. S&P Global Ratings recently revised its outlook on SoftBank Group to negative, citing risks related to its growing exposure to OpenAI and broader funding needs. Europe’s primary market has seen a rush of borrowers today after the US and Iran agreed to a two-week ceasefire, sparking a wave of optimism in financial markets and easing measures of credit risk. At least 11 deals are slated to price, the most since March 16, according to data compiled by Bloomberg. Read: Bond Sales Are Back in Force as Iran Ceasefire Eases Credit Risk JPMorgan Chase & Co., BNP Paribas SA, Citigroup Inc., and Mizuho are organizing SoftBank Corp.’s investor calls. The offering, which will depend on market conditions, is expected to be rated BBB b...
FactSet Research Systems ( FDS ) announced on Wednesday the appointment of Joshua Warren as CFO, effective April 13. Warren will succeed Helen Shan. The Norwalk, Connecticut-based company was trading 0.46% higher at $228.79 before the market open. Most recently, Warren served as CFO of Envestnet. He has served as global head of business strategy for iShares and Index Investments at BlackRock ( BLK...
FactSet Research Systems ( FDS ) announced on Wednesday the appointment of Joshua Warren as CFO, effective April 13. Warren will succeed Helen Shan. The Norwalk, Connecticut-based company was trading 0.46% higher at $228.79 before the market open. Most recently, Warren served as CFO of Envestnet. He has served as global head of business strategy for iShares and Index Investments at BlackRock ( BLK ). Additionally, he has held the role of managing director in BlackRock's corporate strategy and development team. FactSet said Shan's departure is not the result of any disagreement regarding the company's accounting practices, financial statements, or financial condition, or any of the company's related disclosures. More on FactSet Research Systems FactSet Research Systems: Fundamental And Valuation Facts Should Set Its Rebound FactSet Research Systems: Valuation Multiple Is Too Cheap FactSet Research Systems Inc. (FDS) Q2 2026 Earnings Call Transcript FactSet expects $130M-$160M ASV growth in fiscal 2026 while raising adjusted EPS outlook to $17.25-$17.75 FactSet Research Systems Non-GAAP EPS of $4.46 beats by $0.08, revenue of $611M beats by $6.05M
Pakistan helped avert a major escalation in the Iran conflict. Dan Strumpf explains how PM Shehbaz Sharif used global ties to broker a ceasefire and buy time for talks. (Source: Bloomberg)
Pakistan helped avert a major escalation in the Iran conflict. Dan Strumpf explains how PM Shehbaz Sharif used global ties to broker a ceasefire and buy time for talks. (Source: Bloomberg)
President Emmanuel Macron on Wednesday welcomed two French nationals who returned to Paris after spending almost four years detained in Iran on espionage charges, with the French leader hailing “the end of a terrible ordeal”. Cecile Kohler, 41, and Jacques Paris, 72, arrived on a commercial flight, landing at Charles de Gaulle Airport in Paris shortly before 9am. They were met on the tarmac by for...
President Emmanuel Macron on Wednesday welcomed two French nationals who returned to Paris after spending almost four years detained in Iran on espionage charges, with the French leader hailing “the end of a terrible ordeal”. Cecile Kohler, 41, and Jacques Paris, 72, arrived on a commercial flight, landing at Charles de Gaulle Airport in Paris shortly before 9am. They were met on the tarmac by foreign ministry officials. Macron greeted the pair in the gardens of the Elysee Palace. They appeared...