SoftBank Group Corp. announced plans to raise up to 1 trillion yen ($6.3 billion) through a retail bond offering, marking the largest such issuance by a Japanese company. The seven-year bonds, priced between September 7-16 and set to mature on September 16, 2033, carry an indicative coupon range of 4.3% to 4.9% with pricing scheduled for September 4.
The proceeds will support SoftBank's accelerating investments in artificial intelligence infrastructure, including its commitments to OpenAI, which have exceeded $60 billion. The company aims to expand computing capacity to meet rising demand for AI services, with the bond sale following earlier reports of a potential margin loan backed by its OpenAI stake.
Tokyo-listed SoftBank shares declined 2.6% to 5,118 yen by 01:11 GMT on Monday, reflecting broader market sentiment ahead of the offering.
