SoftBank plans a $6.3B retail bond sale, a record for any Japanese issuer and its third this year, as the conglomerate raises funds for its OpenAI commitments (Bloomberg)
SoftBank is turning again to Japan’s retail debt market to help fund its AI bets.
Bloomberg says the planned sale would raise about $6.3 billion, the largest retail bond offering by any Japanese issuer. It would be SoftBank’s third such sale this year. The proceeds are tied to the conglomerate’s funding needs around its OpenAI commitments. Techmeme's note
Bloomberg says the planned sale would raise about $6.3 billion, the largest retail bond offering by any Japanese issuer. It would be SoftBank’s third such sale this year. The proceeds are tied to the conglomerate’s funding needs around its OpenAI commitments. Techmeme's note
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