SoftBank Group Plans Record-Breaking High-Yield Bond Issuance to Invest in OpenAI
AI news flash: SoftBank Group announced on Thursday that it plans to raise a record $11.1 billion through dollar- and euro-denominated corporate bonds, with these lower-rated bonds offering yields of up to 9.75%. This massive bond issuance is seen as part of a broader trend of AI-related junk bonds, and some investors are already growing cautious. See the original article for full details.