SoftBank seeks $11 billion in junk bonds for OpenAI Bet

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submitted by inari to technology 3 points | 1 comments https://www.bloomberg.com/news/articles/2026-09-21/softbank-seeks-over-11-billion-in-junk-bond-deal-for-openai-bet SoftBank is set to raise more than $11 billion, in what will be one of the biggest junk bond deals ever, to fund a follow-on investment in OpenAI, per Bloomberg. As part of its funding campaign this year, SoftBank has sold ~$15 billion worth of note…

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