AISoftBank reportedly seeks more than $11 billion in junk bonds for OpenAI
The Kobeissi Letter, citing Bloomberg, says the financing would rank among the biggest junk bond deals ever and fund a follow-on investment in OpenAI.
TLDR
The Kobeissi Letter, citing Bloomberg, reports that SoftBank is set to raise more than $11 billion to fund another OpenAI investment. In its September 21 account, the outlet also says SoftBank had already sold about $15 billion in notes in 2026, making it the biggest junk-rated borrower in bond markets that year to date.
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SoftBank reportedly seeks more than $11 billion in junk bonds for OpenAI
The Kobeissi Letter, citing Bloomberg, says the financing would rank among the biggest junk bond deals ever and fund a follow-on investment in OpenAI.
TLDR
The Kobeissi Letter, citing Bloomberg, reports that SoftBank is set to raise more than $11 billion to fund another OpenAI investment. In its September 21 account, the outlet also says SoftBank had already sold about $15 billion in notes in 2026, making it the biggest junk-rated borrower in bond markets that year to date.