Sony Group ( (SONY) ) has provided an update.
On February 28, 2025, Sony Group Corporation announced the issuance of two tranches of unsecured straight bonds totaling 110 billion yen. These bonds, part of the company’s domestic bond shelf registration, are intended for public offerings in Japan and will be used to repay existing debt. The bonds, rated ‘AA-‘ and ‘AA’ by Japanese credit rating agencies, have maturity dates in 2030 and 2035, respectively. This strategic financial move is expected to strengthen Sony’s financial position and support its ongoing operations.
More about Sony Group
Sony Group Corporation is a multinational conglomerate corporation headquartered in Tokyo, Japan. It operates in various sectors, including electronics, gaming, entertainment, and financial services. Sony is renowned for its consumer electronics products, such as televisions, cameras, and audio devices, and it also has a significant presence in the gaming industry with its PlayStation consoles. The company focuses on innovation and technology to maintain its competitive edge in the global market.
YTD Price Performance: 18.68%
Average Trading Volume: 3,699,996
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $156.3B
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