AISoftBank reportedly launches bond offering of more than $11 billion to fund OpenAI investment
ValueAddVC describes the debt as junk bonds and says the offering would be the largest non-financial corporate bond ever sold out of Asia Pacific and Japan.
TLDR
ValueAddVC reports that SoftBank launched an offering of more than $11 billion in dollar- and euro-denominated notes to finance its OpenAI investment. The publication describes the debt as junk bonds and says the deal would be the largest non-financial corporate bond ever sold out of Asia Pacific and Japan.
SoftBank reportedly launches bond offering of more than $11 billion to fund OpenAI investment
ValueAddVC describes the debt as junk bonds and says the offering would be the largest non-financial corporate bond ever sold out of Asia Pacific and Japan.
TLDR
ValueAddVC reports that SoftBank launched an offering of more than $11 billion in dollar- and euro-denominated notes to finance its OpenAI investment. The publication describes the debt as junk bonds and says the deal would be the largest non-financial corporate bond ever sold out of Asia Pacific and Japan.