SoftBank to issue $10B and €1B in debt for OpenAI investment
SoftBank plans to raise over $11 billion through a junk bond sale of $10 billion and €1 billion. The funds will finance investments in OpenAI. The deal could be one of the largest junk bond sales ever.
- SoftBank to issue $10 billion and €1 billion in debt
- Total raise to exceed $11 billion
- Funds earmarked for OpenAI investments
- One of the largest junk bond sales ever
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