According to people familiar with the matter, SoftBank Group is in negotiations with several investment banks and plans to issue 10-20 billion US dollars in bonds to replace loans related to its investment in US tech giant OpenAI. Sources, who did not wish to be named, said that the currency denominated for this bond issue may be the US dollar and the euro, and it may land as early as September. The source added that the relevant negotiations are still ongoing, and there is a possibility that the specific terms will change. Sources said the funds raised by the bonds will be used in part to repay the $40 billion bridge loan obtained earlier this year to invest in OpenAI. The SoftBank Credit Rating, founded and managed by billionaire Sun Zhengyi, is junk. According to the plan, it is necessary to invest nearly 65 billion US dollars in OpenAI by October, with part of the funding coming from loans.

According to people familiar with the matter, SoftBank Group is in negotiations with several investment banks and plans to issue 10-20 billion US dollars in bonds to replace loans related to its investment in US tech giant OpenAI. Sources, who did not wish to be named, said that the currency denominated for this bond issue may be the US dollar and the euro, and it may land as early as September. The source added that the relevant negotiations are still ongoing, and there is a possibility that the specific terms will change. Sources said the funds raised by the bonds will be used in part to repay the $40 billion bridge loan obtained earlier this year to invest in OpenAI. The SoftBank Credit Rating, founded and managed by billionaire Sun Zhengyi, is junk. According to the plan, it is necessary to invest nearly 65 billion US dollars in OpenAI by October, with part of the funding coming from loans.