SoftBank's mobile subsidiary issues first euro bond, raising concerns about mother company's related risks.

SoftBank Group's mobile business subsidiary began issuing its first Euro-denominated bond on Friday, with investors focusing on the risks associated with its parent company's aggressive foray into artificial intelligence. According to sources, the company's Euro-denominated bonds have maturities of six and ten years, with the bond maturing in June 2032 carrying a spread of 135-140 basis points over the mid-swap rate and the bond maturing in June 2036 carrying a spread of around 170 basis points. CreditSights analysts stated that SoftBank's relatively stable position in Japan's highly concentrated telecommunications market supports its credit, but investors are still wary of risks related to its parent company.