Masayoshi Son is starting to run out of cash, and junk-rated Sprint is just one of SoftBank’s endless debt pits. Photo: BloombergHong Kong: It’s a good time to be facing Masayoshi Son across the negotiating table. SoftBank shares rose the most since January on Wednesday. Son is starting to run out of cash, and junk-rated Sprint is just one of SoftBank’s endless debt pits. So it’s no surprise that SoftBank is using its Alibaba shares as collateral to raise $8 billion in margin loans.

Source: Mint April 11, 2018 13:07 UTC