Developing story · 2 episodes · 21 Sept to 29 Sept
SoftBank's AI Investment Bond Saga
SoftBank has been raising massive bond financing to back its investment in OpenAI, while also issuing junk bonds despite investor worries. The latest episode shows the company continues to push funding despite concerns, leaving the AI investment strategy under scrutiny.
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SoftBank sells $11.1 billion in junk bonds despite investor concerns
SoftBank Group Corp. completed a record $11.1 billion junk bond sale, according to Bloomberg reporting citing unnamed sources. The deal proceeded despite investor questions about OpenAI's potential…
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SoftBank raises over $11 billion in bonds to fund OpenAI investment
SoftBank has launched more than $11 billion in dollar and euro-denominated bonds to fund a $10 billion payment for the third tranche of its $30 billion follow-on investment in OpenAI, with the…
4 sources
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