SoftBank is preparing to price an $11 billion bond sale as the group seeks to raise funds for its investment in OpenAI. The deal highlights SoftBank’s continued focus on financing its AI-related investments.
SoftBank Group launched an $11 billion senior unsecured bond offering to help finance its follow-on investment in OpenAI, with pricing scheduled for September 24. Reuters reported the package comprises $10 billion of U.S.-dollar bonds and €1 billion of euro notes. Proceeds are expected to fund a $10 billion third-tranche OpenAI payment due around October 1 and general corporate purposes, while replacing bridge financing. A live Piplix search found no matching published canonical for this financing story.
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