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3d ago

SoftBank shares rise over 7% following $11.1 billion bond issuance for OpenAI investment

Sep 24, 2026
AI Summary

SoftBank Group's shares increased by more than 7% after the company announced an $11.1 billion bond issuance. The funds will primarily support a $10 billion payment for its investment in OpenAI, part of a larger $30 billion commitment.

  • SoftBank Group's shares jumped over 7% as Japanese markets reopened after a holiday.
  • The company issued $10 billion in dollar-denominated senior notes and €1 billion (approximately $1.14 billion) in euro-denominated notes.
  • Proceeds will fund a $10 billion payment for the final tranche of a $30 billion investment in OpenAI, expected to close on October 1.
  • This investment will increase SoftBank's total investment in OpenAI to $64.6 billion, giving it about a 13% stake.
  • The bond issuance highlights CEO Masayoshi Son's strategy to expand in artificial intelligence amid scrutiny over SoftBank's financing and leverage.
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