Softbank to raise money for HAPs business with first sustainability bond

Wednesday 24 November 2021 | 09:38 CET | News
SoftBank said it will be issuing its first sustainability bond. Money raised from the issue will be put exclusively towards SoftBank's High Altitude Platform Station (HAPS) business, which aims to provide wide-area and stable connectivity from the stratosphere. SoftBank will use the funds for capex, research and development, business operations and other areas related to its HAPS business. 

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Categories: Internet
Companies: Softbank
Countries: World
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