According to Wallstreetcn, SoftBank Group is in talks with investment banks over a potential $10 billion to $20 billion bond sale to refinance a loan used for its OpenAI investment, with the offering possibly denominated in U.S. dollars and euros and as early as September. Proceeds would partly repay a $40 billion bridge loan raised earlier this year for the OpenAI investment, and SoftBank plans to invest nearly $65 billion in OpenAI before October, with some of the funding coming from loans.
