SoftBank Group plans a record ¥1 trillion ($6.3 bln) retail bond offering to help meet its investment commitments to OpenAI. The seven-year bonds are expected to price on Sept. 4 with initial coupon guidance of 4.3–4.9%. SoftBank has pledged more than $60 bln to OpenAI and has been raising funds to support those investments. The group is accelerating data-center spending as demand from OpenAI and hyperscale cloud providers for AI compute rises. This would be SoftBank’s third retail bond sale thi

SoftBank Group plans a record ¥1 trillion ($6.3 bln) retail bond offering to help meet its investment commitments to OpenAI. The seven-year bonds are expected to price on Sept. 4 with initial coupon guidance of 4.3–4.9%. SoftBank has pledged more than $60 bln to OpenAI and has been raising funds to support those investments. The group is accelerating data-center spending as demand from OpenAI and hyperscale cloud providers for AI compute rises. This would be SoftBank’s third retail bond sale this year after ¥418 billion in April and ¥260 billion in June.