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المشهد العربي
SoftBank raises bonds for OpenAI stake
SoftBank, the Japanese company, announced the issuance of unsecured bonds worth over $11 billion to finance its significant investments in the artificial intelligence sector, particularly in OpenAI, and to cover other corporate expenses. The dollar-denominated bonds include $10 billion divided into three tranches with maturities up to 7.5 years, while the euro-denominated bonds, amounting to €1 billion, are split into tranches with maturities reaching up to six years. It is expected that the proceeds from this issuance will be used to settle a $10 billion payment related to the strategic deal scheduled for October 1.
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