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SoftBank Pays Steep Price to Become Goliath of Junk-Bond Markets
2 outlets - including Ft and Bloomberg - are covering this story. Masayoshi Son’s group pays yields of up to 9.75% to raise more than $11bn in the largest junk bond offering on record
Covered by 2 outlets
All coverage · 2 articles
Financial Times - Markets
·46m ago
SoftBank pays steep price for record bond sale to fund OpenAI bet
Masayoshi Son’s group pays yields of up to 9.75% to raise more than $11bn in the largest junk bond offering on record
Bloomberg Technology
·Sep 23, 02:42 UTC
SoftBank Pays Steep Price to Become Goliath of Junk-Bond Markets
Billionaire Masayoshi Son’s SoftBank Group Corp. pushed through one of the largest junk-bond offerings on record, dangling yields above anything it’s paid before in an effort to fund its massive AI ambitions.