Debt AdvisoryTMTRUMOURED
SoftBank launches one of the biggest junk bond deals to fund OpenAI bet
Value
$11.0Bn
Acquirer
SoftBank
Target
OpenAI (financing for investment)
SoftBank is seeking to raise more than $11 billion in dollar and euro bonds to fund its investment in OpenAI. The Japanese group is capitalizing on the AI boom with this significant debt issuance.
The Meridian Weekly
The week's largest deals and the Iberian ones, every Monday. Free.