Tag: softbank’s
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SoftBank junk bond sale raises stakes for CEO Son’s all-in AI bet
TOKYO, Oct 14 : SoftBank’s promise to pay its highest-ever yields in a record $11 billion junk-bond offering highlights the pressure on CEO Masayoshi Son to secure returns on his all-in bet on AI amid concerns about possible overheating in the market.The SoftBank debt issuance last month added to a sharp sur
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SoftBank raises $11.1 billion in world’s biggest high-yield corporate bond sale
TOKYO, Sept 24 : SoftBank Group has raised $11.1 billion in dollar- and euro-denominated bonds in the largest high-yield corporate bond sale globally on record as the tech investment conglomerate seeks to fund its mammoth bet on OpenAI.The funding follows a 1 trillion yen ($6.3 billion) bond issue aimed at re
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SoftBank raising $11.1 billion in world’s biggest high-yield corporate bond sale
TOKYO, Sept 24 : Tech investor SoftBank Group is issuing $11.1 billion in dollar- and euro-denominated bonds, set to be the largest high-yield corporate bond sale globally on record as it seeks to fund its mammoth bet on OpenAI.The funding follows a 1 trillion yen ($6.3 billion) bond issue aimed at retail inv
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SoftBank’s AI funding plans to face reckoning at earnings
TOKYO, Aug 4 : Technology investor SoftBank Group reports first-quarter earnings on Thursday, with analysts focused on how it will fund its ongoing investment in OpenAI and the impact of rising leverage on its balance sheet.SoftBank has become one of the biggest backers of OpenAI and its ability to keep fu
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