SoftBank to Meet Investors in New York for Potential Junk-Bond Sale Worth up to $20 Billion
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5 Articles
SoftBank Group Corp. will hold meetings with investors in New York next week to probe the interest in a possible issue of high-risk debt bonds ("junk bonds") in dollars, as the investment company of billionaire Masayoshi Son continues with a wave of fundraising to finance its huge bet on artificial intelligence. The financial director (CFO) Yoshimitsu Goto and other executives of SoftBank will participate in face-to-face discussions between 14 a…
SoftBank to Meet Investors as Potential Jumbo Bond Sale Eyed
SoftBank Group Corp. will hold meetings with investors in New York next week to sound out interest for a potential US dollar junk-bond sale, as billionaire Masayoshi Son’s investment firm presses ahead with a borrowing spree to finance its massive bet on artificial intelligence.
SoftBank returns to the debt market with a move that weighs as much as its ambitions on artificial intelligence: between 10 and 20 billion dollars of new high-performance bonds. The investment SoftBank in OpenAI has reached a size that requires a refinancing on an industrial scale, and the Japanese giant led by Masayoshi Son has [...]
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Cryptocurrency News | Cryptocurrency Prices | Market CapSoftBank to meet investors in New York for potential junk-bond sale worth up to $20 billion
SoftBank plans investor meetings in New York to explore a $10-20 billion junk-bond sale aimed at refinancing its $40 billion bridge loan for
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