SoftBank reportedly launches bond sale of over $11 billion to fund OpenAI investment
@ticker_report says the offering comprises $10 billion and €1 billion in senior unsecured notes, with proceeds intended to fund a third, $10 billion investment installment in OpenAI.
TLDR
@ticker_report says SoftBank launched a bond sale to raise over $11 billion, putting its total OpenAI investment at nearly $65 billion following the issuance. The account says proceeds will fund a third investment installment and retire a bridge loan arranged for that purpose. It lists the new debt’s rating as BB+. In the September 22 account, bonds were expected to price September 24 and settle September 29, with the OpenAI transaction scheduled to close October 1, 2026.
SoftBank reportedly launches bond sale of over $11 billion to fund OpenAI investment
@ticker_report says the offering comprises $10 billion and €1 billion in senior unsecured notes, with proceeds intended to fund a third, $10 billion investment installment in OpenAI.
TLDR
@ticker_report says SoftBank launched a bond sale to raise over $11 billion, putting its total OpenAI investment at nearly $65 billion following the issuance. The account says proceeds will fund a third investment installment and retire a bridge loan arranged for that purpose. It lists the new debt’s rating as BB+. In the September 22 account, bonds were expected to price September 24 and settle September 29, with the OpenAI transaction scheduled to close October 1, 2026.
