Please ensure Javascript is enabled for purposes of website accessibility

SoftBank's Z Holdings Could Sell $1.86 Billion in Bonds

By Donna Fuscaldo – May 26, 2020 at 3:35PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Z Holdings is a bright spot for SoftBank, reporting an increase in fiscal year 2019 profits thanks to stay-at-home orders, which boosted e-commerce sales.

Z Holdings, the Chinese e-commerce company owned by SoftBank (SFTB.Y 4.79%), is aiming to issue as much as $1.86 billion in new debt, with maturities ranging from 1.5 to ten years, reports Bloomberg

A hand holding yuan with stock charts in the background.


Z Holdings has been a bright spot for SoftBank amid the COVID-19 pandemic. While many investments in its Vision Fund have suffered steep losses, Z Holdings has benefited thanks to stay-at-home orders, reporting increased profits for fiscal year 2019.  

In an effort to shore up cash, earlier this year SoftBank announced it planned to sell more than $41 billion in assets. For the fiscal year ended March 31, the Vision Fund reported a loss of 1.9 trillion yen or close to $18 billion, due in large part to writedowns in its investments in WeWork and Uber Technologies. Among the assets SoftBank reportedly is considering selling are its stakes in T-Mobile and its wireless business in Japan

Donna Fuscaldo has no position in any of the stocks mentioned. The Motley Fool recommends Softbank Group, T-Mobile US, and Uber Technologies. The Motley Fool has a disclosure policy.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

SoftBank Group Corp. Stock Quote
SoftBank Group Corp.
$34.51 (-0.09%) $0.03
SoftBank Group Corp. Stock Quote
SoftBank Group Corp.
$18.39 (4.79%) $0.84
T-Mobile US, Inc. Stock Quote
T-Mobile US, Inc.
$142.54 (2.62%) $3.64
Uber Technologies, Inc. Stock Quote
Uber Technologies, Inc.
$29.19 (9.24%) $2.47

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
S&P 500 Returns

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 10/04/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.