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Softbank Group launches over $10 billion in junk bonds for OpenAI investment, says report

Markets
The brief

SoftBank Group launched $10 billion and 1 billion euro notes to fund its OpenAI investment, replacing a bridge loan. Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows Key points and original sources are listed below.

  • SoftBank Group launched $10 billion and 1 billion euro notes to fund its OpenAI investment, replacing a bridge loan. Citigroup and JPMorgan are lead bookrunners.S1
  • Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet showsS2
  • SoftBank Group Corp. is seeking the equivalent of more than $11 billion in what would be one of the biggest junk bond deals ever, people familiar with the matter said Monday, as billionaire Masayoshi Son’s conglomerate ramps up its investments in ChatGPT creat...S3
Timeline · newest first
2w Cnbctv18

Softbank Group launches over $10 billion in junk bonds for OpenAI investment, says report

SoftBank Group launched $10 billion and 1 billion euro notes to fund its OpenAI investment, replacing a bridge loan. Citigroup and JPMorgan are lead bookrunners.

2w Bloomberg

SoftBank Seeks Over $11 Billion in Junk Bonds for OpenAI Bet

SoftBank Group Corp. is seeking the equivalent of more than $11 billion in what would be one of the biggest junk bond deals ever, people familiar with the matter said Monday, as bi…

Softbank Group launches over $10 billion in junk bonds for OpenAI investment, says report

3 outlets 3 reports
The brief

SoftBank Group launched $10 billion and 1 billion euro notes to fund its OpenAI investment, replacing a bridge loan. Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows Key points and original sources are listed below.

  • SoftBank Group launched $10 billion and 1 billion euro notes to fund its OpenAI investment, replacing a bridge loan. Citigroup and JPMorgan are lead bookrunners.S1
  • Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet showsS2
  • SoftBank Group Corp. is seeking the equivalent of more than $11 billion in what would be one of the biggest junk bond deals ever, people familiar with the matter said Monday, as billionaire Masayoshi Son’s conglomerate ramps up its investments in ChatGPT creat...S3
Timeline · newest first

Sources · 3 citations

S1 Cnbctv18 1 report · EN
S2 Investing 1 report · EN
S3 BloombergLead 1 report · EN