SoftBank Group to Issue Record 1 T. Yen in Retail Bonds
Tokyo, Aug. 20 (Jiji Press)--SoftBank Group Corp. is preparing to issue about 1 trillion yen in corporate bonds for retail investors, it was learned Thursday. The Japanese technology investor is expected to use the proceeds from what is set to be the largest-ever retail bond sale by a Japanese company to repay existing corporate bonds and invest in artificial intelligence-related projects. ...
Tokyo, August 20 - SoftBank Group Corp. is set to issue approximately 1 trillion yen in corporate bonds aimed at retail investors, according to recent reports. This would be the largest-ever retail bond sale by a Japanese company, and the funds will be utilized to repay existing debt and invest in AI-related projects. This marks SoftBank's third issuance of retail bonds this year, following two previous issuances.
The upcoming bonds will have a maturity period of seven years, with the specific coupon rate and other details to be determined in early next month. The current record for retail bond issuance by SoftBank Group stands at 600 billion yen, a feat achieved in 2025. The company is grappling with an increasing demand for funds as it escalates its investments in AI-related ventures, such as expanding its stake in U.S. AI firm OpenAI, known for developing ChatGPT, and acquiring the industrial robotics division of Swiss heavy machinery manufacturer ABB Ltd.
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