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SoftBank Group Corp. sold the biggest yen note in the Japanese corporate bond market this year, continuing a global funding spree as it faces hefty debt redemptions in the next six months.

Billionaire Masayoshi Son’s technology conglomerate priced on Friday a ¥450 billion ($4.1 billion) subordinated bond targeting individual investors at 2.4%, together with a ¥50 billion note for institutional investors, according to filings. The company has about ¥1.2 trillion of bond repayments due in its home market before the end of February, including planned early redemptions, according to data compiled by Bloomberg.

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