Business
SoftBank issues $11.1 billion in bonds to fund OpenAI investment
September 24, 2026 at 05:25 AM
SoftBank Group has issued $11.1 billion in dollar and euro bonds to fund its expanded investment in OpenAI, developer of ChatGPT.
- SoftBank has issued dollar- and euro-denominated senior bonds worth $11.1 billion to sustain its artificial intelligence investments.
- The proceeds will finance the final $10 billion tranche of SoftBank's $30 billion commitment to OpenAI, raising its total investment there to $64.6 billion.
- If completed at target size, the issue would rank as the largest corporate bond sale by a non-financial firm in Asia-Pacific and Japan, per LSEG data.
- Pricing occurred September 24 with settlement set for September 29; Fitch rated the proposed bonds BB+.