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SoftBank Secures $11B for OpenAI Investment
21 Sep
Summary
- SoftBank launched $10 billion and 1 billion euro notes.
- Proceeds will fund the third tranche of OpenAI investment.
- The bond issuance is expected to price on September 24.
SoftBank Group has initiated a substantial funding effort, launching both $10 billion and 1 billion euro-denominated senior unsecured notes. The primary purpose of this issuance is to finance the third tranche of SoftBank's $10 billion investment in OpenAI, a transaction anticipated to conclude on October 1.
This bond offering will also serve general corporate purposes for SoftBank. It effectively cancels a $10 billion bridge loan facility that was previously secured to facilitate the OpenAI investment. The bond issuances are scheduled to price on September 24 and settle on September 29, with Citigroup and JPMorgan acting as lead bookrunners.
As of September 21, 2026, it was a holiday in Japan, and SoftBank Group could not be immediately reached for comment. This strategic financial move highlights SoftBank's continued focus on its investments in the artificial intelligence sector.