{
  "id": 8828370,
  "title": "Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows",
  "url": "https://urgent.news/2026/09/21/softbank-group-launches-over-10-billion-in-bonds-for-openai-8828370",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-21T03:09:55.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40440461/softbank-group-launches-over-10-billion-in-bonds-for-openai-investment-term-sheet-shows"
  },
  "original_language": "en",
  "account": "SoftBank Group Corp has issued $10 billion and 1 billion euro-denominated senior unsecured notes, as per a term sheet revealed on Monday. The dollar-denominated notes are divided into three lengths: 3-1/2, 5-1/2, and 7-1/2 years. The euro-denominated bonds are similarly split into four and six-year tenors, according to the term sheet. The funds raised will be utilized to finance SoftBank's $10 billion payment for the third installment of its follow-on investment in OpenAI, which is anticipated to be finalized on October 1, and for general corporate uses, as stated in the term sheet. SoftBank had previously secured a $10 billion bridge loan facility to finance its OpenAI investment, and the bonds are set to cancel that debt, per the term sheet. The bond issuances are projected to go live on September 24 and mature on September 29, the term sheet noted. SoftBank Group could not be reached for comment due to a holiday in Japan. Citigroup and JPMorgan are the lead underwriters of the notes, according to the term sheet.",
  "summary": "HONG KONG: SoftBank Group Corp has launched $10 billion and 1 billion euro-denominated senior unsecured notes to fund its investment in OpenAI, a term sheet showed on Monday. The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-year and 6-year tenors, according to the term sheet. Proceeds will be used to fund…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 8,
    "also_reported_by": [
      {
        "outlet": "CNA - Business",
        "title": "SoftBank launches US$11 billion bonds to fund OpenAI investment",
        "url": "https://urgent.news/2026/09/21/softbank-launches-us-11-billion-bonds-to-fund-openai-investment",
        "published": "2026-09-21T01:42:00.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows",
        "url": "https://urgent.news/2026/09/21/softbank-group-launches-over-10-billion-in-bonds-for-openai-8816866",
        "published": "2026-09-21T01:54:26.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Softbank Group launches over US$10 billion in bonds for OpenAI investment",
        "url": "https://urgent.news/2026/09/21/softbank-group-launches-over-us-10-billion-in-bonds-for-openai",
        "published": "2026-09-21T02:28:37.000Z"
      },
      {
        "outlet": "Techmeme",
        "title": "Sources: SoftBank is looking to issue $10B and €1B in debt for its OpenAI investment, in what would be one of the biggest junk bond sales ever (Bloomberg)",
        "url": "https://urgent.news/2026/09/21/sources-softbank-is-looking-to-issue-10b-and-1b-in-debt-for-its",
        "published": "2026-09-21T03:45:01.000Z"
      },
      {
        "outlet": "Economic Times Tech",
        "title": "Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows",
        "url": "https://urgent.news/2026/09/21/softbank-group-launches-over-10-billion-in-bonds-for-openai-8836522",
        "published": "2026-09-21T04:00:34.000Z"
      },
      {
        "outlet": "Seeking Alpha News",
        "title": "SoftBank seeks over $11B in junk bonds for OpenAI investment: report",
        "url": "https://urgent.news/2026/09/21/softbank-seeks-over-11b-in-junk-bonds-for-openai-investment-report",
        "published": "2026-09-21T04:09:00.000Z"
      },
      {
        "outlet": "Tech in Asia",
        "title": "SoftBank launches bond sale for OpenAI investment",
        "url": "https://urgent.news/2026/09/21/softbank-launches-bond-sale-for-openai-investment",
        "published": "2026-09-21T07:03:35.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}