Masayoshi Son cuts SoftBank shares pledged to lenders by $810 million

Topics SoftBank | Masayoshi Son

Masayoshi Son has reduced the number of SoftBank Group shares he’s pledged as collateral to lenders by about $810 million, cutting back after heavy borrowing had raised questions about the stability of his technology empire.

 

Son trimmed his committed shares by about 14 million to 213 million, according to regulatory filings.

 

He holds about 562 million shares directly and indirectly, which are worth $33 billion before taking into account collateral.



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