{
  "id": 9296180,
  "title": "SoftBank takes orders for US$10bil in bonds to fund OpenAI investment",
  "url": "https://urgent.news/2026/09/23/softbank-takes-orders-for-us-10bil-in-bonds-to-fund-openai-investment",
  "topic": "ai",
  "section": "AI",
  "published": "2026-09-23T07:29:00.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/09/23/softbank-takes-orders-for-us-10bil-in-bonds-to-fund-openai-investment"
  },
  "original_language": "en",
  "account": "SoftBank Group Corp is seeking investor orders for a US$10 billion bond deal to support its investment in OpenAI, according to a term sheet seen by Reuters. The Japanese conglomerate intends to issue three bond tranches: US$1 billion for a 3-1/2-year bond, US$4.5 billion for a 5-1/2-year bond, and US$4.5 billion for a 7-1/2-year bond. Potential investors have been provided with price guidance, with the 3-1/2-year bond priced between 8.75% and 8.875%, the 5-1/2-year bond between 9.375% and 9.5%, and the 7-1/2-year bond between 9.75% and 9.875%. If the deal reaches its target, it would mark the largest high-yield bond sale by an Asia-Pacific and Japanese issuer, surpassing SoftBank's own US$7.35 billion issuance in 2021, as per LSEG data. The bonds are anticipated to receive a BB+ rating from S&P and Fitch. Book closing is set for noon New York time on Wednesday, with settlement scheduled for September 29. SoftBank has not yet commented on the matter.",
  "summary": "The Japanese conglomerate is aiming to raise US$1 billion in a 3-1/2-year bond, US$4.5 billion in a 5-1/2-year bond and US$4.5 billion in a 7-1/2-year bond deal.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Economic Times Tech",
        "title": "SoftBank taking orders for $10 billion in bonds to fund OpenAI investment, term sheet shows",
        "url": "https://urgent.news/2026/09/23/softbank-taking-orders-for-10-billion-in-bonds-to-fund-openai",
        "published": "2026-09-23T03:28:28.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "SoftBank takes orders for US$10bil in bonds to fund OpenAI investment",
        "url": "https://urgent.news/2026/09/23/softbank-takes-orders-for-us-10bil-in-bonds-to-fund-openai-investment-9296210",
        "published": "2026-09-23T07:29:00.000Z"
      }
    ]
  },
  "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."
}