Softbank Plans $11 Billion Junk Bond Sale for Openai Investment
WHO:
Bloomberg - SoftBank Group Corp. is led by billionaire Masayoshi Son.
WHAT:
Techmeme - SoftBank is looking to issue $10 billion and €1 billion in debt for its investment in OpenAI.
Bloomberg Markets - SoftBank is seeking the equivalent of more than $11 billion in what would be one of the biggest junk bond deals ever.
WHERE:
Bloomberg - The investment is related to OpenAI, the creator of ChatGPT.
WHY:
Bloomberg Markets - SoftBank is ramping up its investments in OpenAI.
HOW:
Techmeme - The debt issuance is categorized as a junk bond sale.
(UPDATED September 21, 2026 05:01 UTC)
SoftBank Group Corp., led by billionaire Masayoshi Son, is planning to issue a substantial $10 billion and €1 billion in debt to fund its investment in OpenAI, the company behind ChatGPT. This move is part of a larger strategy, as SoftBank seeks to raise over $11 billion in what could become one of the largest junk bond deals in history. The upcoming debt issuance is categorized as a junk bond sale, reflecting SoftBank's aggressive push to ramp up its investments in OpenAI.