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SoftBank Seeks Over $11 Billion in Junk Bonds for OpenAI Bet

Bloomberg Markets·September 21, 2026·1 min read

SoftBank Group Corp. is seeking more than $11 billion in junk bonds, potentially one of the largest such deals ever, people familiar with the matter said Monday. The move comes as Masayoshi Son's conglomerate ramps up investments in ChatGPT creator OpenAI, financing its AI bet with high-yield debt.

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