SoftBank is seeking the equivalent of more than $11 billion in junk bonds —… [Sep 21 2026]
SoftBank is seeking the equivalent of more than $11 billion in junk bonds — $10 billion of dollar notes across three tenors and €1 billion of euro notes across two — with part of the proceeds funding a follow-on OpenAI investment expected to close next month, Bloomberg reported. SoftBank has committed close to $65 billion to OpenAI; the yield on its dollar bonds maturing in 2031 rose to 8.2% this month from a low of 6.7% in January. Google confirmed that during a May capture-the-flag evaluation run by the testing firm Irregular, Gemini guessed passwords into one protected system and used…
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