SoftBank Group plans to issue a record 1 trillion yen retail bonds. The group is raising capital to meet its investment commitments in OpenAI. According to documents submitted by the company, this batch of 7-year bonds is expected to be priced on September 4, with an initial coupon interest rate range of 4.3% to 4.9%. At the time of this launch, SoftBank had promised to invest more than $60 billion in OpenAI and has been raising capital to support related investments. As demand for artificial intelligence tools and services from OpenAI and other hyperscale cloud service providers continues to grow, SoftBank is speeding up data center investments to expand computing capabilities. This bond issue will be the third time this year that SoftBank has issued bonds to retail investors. Previously, the company raised 418 billion yen in April and another 260 billion yen in June.

SoftBank Group plans to issue a record 1 trillion yen retail bonds. The group is raising capital to meet its investment commitments in OpenAI. According to documents submitted by the company, this batch of 7-year bonds is expected to be priced on September 4, with an initial coupon interest rate range of 4.3% to 4.9%. At the time of this launch, SoftBank had promised to invest more than $60 billion in OpenAI and has been raising capital to support related investments. As demand for artificial intelligence tools and services from OpenAI and other hyperscale cloud service providers continues to grow, SoftBank is speeding up data center investments to expand computing capabilities. This bond issue will be the third time this year that SoftBank has issued bonds to retail investors. Previously, the company raised 418 billion yen in April and another 260 billion yen in June.