SoftBank seeks $10 billion to support Vision Fund companies
Attempt is to support portfolio companies suffering from Corona outbreak
Softbank is in talks with potential investors
Even before the pandemic, SoftBank founder Masayoshi Son had been criticised for his business measures
Lately, the company’s stock witnessed the worse
Corona outbreak has raised concern over the firm’s credit worthiness and value of investments
The fund plans to reserve a part of the cash to pay back a coupon attached to the Saudi investment
