SoftBank Sells $11B in Bonds to Fund Its OpenAI Tranche
SoftBank has launched $10 billion and €1 billion of senior unsecured notes to pay for the final instalment of its $30 billion follow-on investment in OpenAI. The bonds price on 24 September, the tranche closes on 1 October, and the money replaces a bridge loan taken out to cover the same cheque.
Reuters
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