TechMeme
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 announced a $6.3 billion retail bond issuance, the largest ever by a Japanese issuer, marking its third bond sale this year. The proceeds are earmarked to fund the conglomerate’s ongoing financial commitments to OpenAI. This sizable offering underscores SoftBank’s continued reliance on external capital to support its AI investments.