SoftBank Launches Record $11.1 Billion Junk Bond Sale to Finance OpenAI Stake

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Source: Dukascopy Bank SA
SoftBank Group is issuing $11.1 billion in dollar- and euro-denominated debt in the world's largest high-yield corporate bond offering on record, paying yields of up to 9.75% to fund its massive $64.6 billion commitment to OpenAI.

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