Lates News

SoftBank Group plans to issue subordinated bonds to individual investors again, raising 260 billion yen (1.6 billion USD), just around two months after its last bond issuance to retail investors. According to documents disclosed on Monday, the bonds have a 35-year maturity and the issuer has the option to redeem them early after 5 years. The bonds will be priced on June 5 with an initial 5-year coupon guidance range of 4.8%-5.6%. Against the backdrop of increasing demand for funds for investments in artificial intelligence, SoftBank is quickly returning to the retail bond market. The company had previously reduced a $10 billion margin loan plan secured by its stake in OpenAI, highlighting increasing pressure on its financing situation. SoftBank's investment in OpenAI has exceeded $60 billion, facing substantial financing needs related to AI infrastructure spending and other investments. SoftBank's credit risk, measured by credit default swaps (CDS), remains one of the highest among Japanese companies, with an increase of about 70 basis points since 2026.