10:53 - 21.09.2026

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September 21, Fineko/abc.az. Japanese conglomerate SoftBank Group Corp has kicked off a multi-tranche bond offering exceeding $11 billion  to fund its expanding stake in ChatGPT creator OpenAI.

According to the term sheet, the issuance comprises $10 billion in dollar-denominated senior unsecured notes and €1 billion (~$1.1 billion) in euro-denominated debt.

The primary proceeds will cover SoftBank's $10 billion third-tranche follow-on payment to OpenAI, expected to close on October 1, while refinancing an existing $10 billion bridge loan facility. With Citigroup and JPMorgan serving as lead bookrunners, the bond offering is scheduled to price on September 24 and settle on September 29.