SoftBank raises $14.2 billion in world’s biggest high-yield corporate bond sale
SoftBank makes up 63.4 per cent of the Asia Pacific and Japan high-yield corporate bond market.
TOKYO – SoftBank Group has successfully raised US$11.1 billion in a record-breaking high-yield corporate bond sale, the largest of its kind globally, to fund its significant investment in AI company OpenAI. The deal follows a previous bond issue of 1 trillion yen aimed at retail investors in September and may lead to increased scrutiny of SoftBank's finances.
Led by Masayoshi Son, SoftBank has committed a total of US$64.6 billion to OpenAI, owning around 13 percent of the company. Additionally, SoftBank has made acquisitions of ABB's robotics business and DigitalBridge. The size of AI-related investments and borrowing has resulted in higher yields and increased costs for insuring SoftBank's debt. Analysts predict more bond sales will occur in 2026 as the competition for capital intensifies.
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- SoftBank raises US$11.1bil in record high-yield bond sale freemalaysiatoday.com
- SoftBank raising US$11.1 billion in world’s biggest high-yield corporate bond sale businesstimes.com.sg
- SoftBank raising US$11.1bil in world's biggest high-yield corporate bond sale nst.com.my
