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The Economic Times — Marketseconomictimes.indiatimes.com

Sony plans its first dollar-bond sale in nearly three decades (opens original article in a new tab)

TL;DR

Sony Group Corp. is preparing to issue its first dollar-denominated bonds in almost three decades, part of a broader trend of corporate bond sales in the US as companies seek to lock in favorable credit conditions.

  • Sony Group Corp. is planning its first dollar-bond sale in nearly 30 years, with maturities of five and 10 years
  • The offering aims to raise cash for general corporate purposes amid a trend of high-grade bond sales in the US
  • Japanese companies are increasingly using dollar-denominated debt due to Bank of Japan's policy tightening

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