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Softbank Lines Up $9B In Loans For Vision Fund From Banks: Report

by moneycontrol.com posted 11months ago 54 views
The $93-billion Vision Fund has investments in companies including ride-hailing firm Uber Technologies Inc.: Banks, including underwriters of SoftBank Group's initial public offering of its mobile unit, are finalising terms for a $9 billion loan to its Vision Fund, Bloomberg reported on Wednesday, citing people familiar with the matter. Reuters reported earlier this month that SoftBank had picked up five investment banks, including units of Nomura Holdings Inc and Goldman Sachs, as lead underwriters for the mammoth initial public offering of its mobile-phone unit.

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