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.
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