SoftBank's OpenAI Ambition
SoftBank Group, founded by Masayoshi Son, is issuing $2 billion in high-yielding dollar bonds to support its investment in OpenAI.
The company held more than twice as many bonds as bank loans as of June. These hybrid bonds, which allow SoftBank to defer coupon payments, have an initial price guidance of 8.5% to 8.625% for a 2065 issue.
By comparison, the straight 2035 bond is trading at only 6.8%.
- SoftBank led a funding round in April, valuing OpenAI at $300 billion.
- The company promised to invest $30 billion by year-end, but has only put in $7.5 billion so far.
Quality journalism is crucial in a time of misinformation and information overload.
Author's summary: SoftBank issues bonds to support OpenAI investment.
More News
- Fireworks continue to plague Preston as Bonfire Night draws closer – Blog Preston
- Advisors Are Piling Into the RIA Channel. That May Not Be a Good Thing
- How to watch NFL RedZone online without cable for Week 8 (10/26/25) | Free trials, live stream, cost
- Joseph Parker vs Fabio Wardley - Results & Post-Fight Report
- Chhath Puja: When will Lord Surya appear in your city? Know sunrise and sunset times for all districts
- “The left is not going to be the doormat of the United States.”
- No. 22 Texas beats Mississippi State 45-38 in overtime
- Arsenal vs. Crystal Palace match thread: surprise, surprise