{
  "id": 9296210,
  "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",
  "topic": "ai",
  "section": "AI",
  "published": "2026-09-23T07:29:00.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today-freemalays",
    "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 $10 billion high-yield bond deal to fund its investments in OpenAI, according to a term sheet reviewed by Reuters. The Japanese conglomerate plans to raise $1 billion in a 3.5-year bond, $4.5 billion in a 5.5-year bond, and $4.5 billion in a 7.5-year bond. Potential investors have been provided with price guidance for each bond, ranging from 8.75% to 9.875%. If successful, this deal would set a new record for the largest high-yield bond sale by an Asia-Pacific or Japanese issuer, surpassing SoftBank's previous $7.35 billion bond deal in 2021, and would rank as the third-largest global high-yield bond deal on record, according to LSEG data. The bonds are anticipated to receive a BB+ rating from S&P and Fitch. Bookings for the bonds close at noon New York time on Wednesday, with settlement expected on 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",
        "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."
}