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EconomySoftBank raises $11bn in record junk bond offering to fund OpenAI bet

SoftBank has raised $11bn through a record junk bond offering to fund its bet on OpenAI. Yields as high as 9.75% are being seen as a sign that investors remain willing to finance the artificial intelligence boom.

SoftBankOpenAIjunk bondsAI boom

FFinancial Times★★★☆☆2026-09-24 08:07Original

SoftBank raises $11bn in record junk bond offering to fund OpenAI bet
Economy