🏹Refinance of Acquisition Finance of Sprint and Arm .
SoftBank Group Corp. (“SBG”) announces that today it entered into a senior loan agreement for an amount of JPY 2.65 trillion mainly to refinance the acquisition loan for Sprint Corporation (“Sprint”) in the U.S. and other financings which were executed in September 2013, and the bridge loan for the acquisition of Arm Holdings plc (“Arm”) which was executed in July 2016.
SBG also entered into a hybrid loan (the “Hybrid Loan”) agreement for an amount of JPY 84 billion as follows.
Press Releases | News | About Us | SoftBank Group
https://www.softbank.jp/en/corp/news/press/sb/2017/20171102_01/