SoftBank Begins Issuing $10 Billion and 1 Billion Euro Bonds Ahead of Third Investment in OpenAI
SoftBank Group has launched a large-scale global bond offering to raise funds for a follow-on investment in OpenAI. The offering consists of $10 billion in dollar-denominated senior unsecured bonds and 1 billion euros in euro-denominated bonds. Although different currencies cannot simply be added together, the amount raised is well over $10 billion when converted to U.S. dollars. The primary use of the proceeds is the third installment of $10 billion for the follow-on investment in OpenAI, which is scheduled to be completed by October 1, 2026. It's dollars.





