Bloomberg:

Sources detail the lengths SoftBank went to secure its $11B junk bond sale, including high yields, to replace a $40B bridge loan for its OpenAI investment  —  SoftBank Group Corp.'s billionaire founder Masayoshi Son has said he's “all in” on AI.  The conglomerate's record $11.1 billion junk bond deal …

Bloomberg:

Sources detail the lengths SoftBank went to secure its $11B junk bond sale, including high yields, to replace a $40B bridge loan for its OpenAI investment  —  SoftBank Group Corp.'s billionaire founder Masayoshi Son has said he's “all in” on AI.  The conglomerate's record $11.1 billion junk bond deal …

Source: TechMeme
Source Link: https://www.techmeme.com/260928/p45#a260928p45