Jamie McKane
MyBroadband Journalist
- Joined
- Mar 2, 2016
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SoftBank's debt a big concern
Concern about SoftBank Group Corp.’s massive debt load has reared its head again after the company unveiled a $9.5 billion bailout for WeWork this week, hurting its shares and bonds.
While the price tag for SoftBank to rescue the debt-riddled U.S. shared-office startup isn’t seen as big relative to its total investment portfolio, concern is growing about the impact on its leverage.
[Bloomberg]
Concern about SoftBank Group Corp.’s massive debt load has reared its head again after the company unveiled a $9.5 billion bailout for WeWork this week, hurting its shares and bonds.
While the price tag for SoftBank to rescue the debt-riddled U.S. shared-office startup isn’t seen as big relative to its total investment portfolio, concern is growing about the impact on its leverage.
[Bloomberg]
