Sources: SoftBank is looking to issue $10B and €1B in debt for its OpenAI investment, in what would be one of the biggest junk bond sales ever (Bloomberg)
SoftBank is turning to debt markets to help fund its OpenAI bet.
Bloomberg says the company is seeking more than $11B equivalent through $10B and €1B of debt. The sale would rank among the largest junk bond deals ever. Reuters also reported the bond launch, citing a term sheet. Techmeme's note
Bloomberg says the company is seeking more than $11B equivalent through $10B and €1B of debt. The sale would rank among the largest junk bond deals ever. Reuters also reported the bond launch, citing a term sheet. Techmeme's note
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