SoftBank Group to launch $11bn bond sale to fund OpenAI investment

Dollar and euro bonds to be issued at month's end with BB+ rating SoftBank Group announced in February that it would invest an additional $30 billion in OpenAI. (Photo by Yusuke Yagi) TOKYO — SoftBank Group plans to raise about $11 billion from sales of dollar and euro corporate bonds, with the proceeds going largely toward funding the Japanese technology group's investment in U.S.-based ChatGPT operator OpenAI.

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