Key Points
SoftBank, which floated a little less than 10% of Arm shares in the IPO, had 6.7 trillion ($45 billion) in cash and cash equivalents as of end-September..
Moodys Investors Service revised up its outlook on SoftBank Group Corp. to stable from negative, saying the listing of chip unit Arm Holdings Plc brings transparency to a bigger chunk of the tech investors portfolio, which includes hundreds of startups...
SoftBanks portfolio, which includes bets of billions of dollars in bankrupt WeWork Inc. and hundreds of unprofitable and unlisted startups, remains largely opaque, with pricing often determined by a handful of private equity firms...
Moodys should immediately cease the publication of unsolicited credit rating about SBG that do not reflect the companys actual situation, it said.. Moodys said it will consider a downgrade if new investments deplete the holding companys cash on hand so that it can no longer cover two years of scheduled debt maturities, or if the companys total debt increases...
