{
  "id": 8848488,
  "title": "SoftBank seeks over $11 billion in junk bonds for OpenAI bet",
  "url": "https://urgent.news/2026/09/21/softbank-seeks-over-11-billion-in-junk-bonds-for-openai-bet-8848488",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-21T04:04:00.000Z",
  "source": {
    "name": "Japan Times",
    "slug": "japan-times",
    "url": "https://www.japantimes.co.jp/business/2026/09/21/companies/softbank-11-billion-junk-bonds-openai-bet/"
  },
  "original_language": "en",
  "account": "SoftBank Group is pursuing a potential $11.1 billion junk bond deal, sources reveal, as the conglomerate amplifies its financial commitment to OpenAI, the developer behind ChatGPT. The firm intends to issue $10 billion worth of dollar securities in three maturities, alongside €1 billion in euro notes across two tenors, according to individuals familiar with the matter, who requested anonymity due to the private nature of the discussions. The funds will contribute towards a follow-on investment in OpenAI, slated to conclude next month, the sources added. SoftBank's engagement in AI is increasingly centered on OpenAI, with the company having pledged close to $65 billion, placing it at the forefront of debt-driven ventures within the artificial intelligence sector amid mounting safety concerns.",
  "summary": "One of the world's largest investors in AI, SoftBank's fortunes have become intertwined with its ability to monetize its holding in OpenAI.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Bloomberg",
        "title": "SoftBank Seeks Over $11 Billion in Junk Bonds for OpenAI Bet",
        "url": "https://urgent.news/2026/09/21/softbank-seeks-over-11-billion-in-junk-bonds-for-openai-bet",
        "published": "2026-09-21T01:29:50.000Z"
      }
    ]
  },
  "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."
}