SoftBank mulls up to $20 billion bond sale for OpenAI financing, Bloomberg News reports

· CNA · Join
FILE PHOTO: Logo of Softbank Group at its annual shareholders meeting in Tokyo, Japan, June 24, 2026. REUTERS/Kim Kyung-Hoon/File Photo
FILE PHOTO: The OpenAI logo in this illustration taken June 11, 2026. REUTERS/Dado Ruvic/Illustration/File Photo

Read a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST Tap here to return to FAST
FAST

Aug 26 : Japan's SoftBank is in talks with investment banks about a potential $10 billion to $20 billion bond offering to help refinance a loan for its investment in OpenAI, Bloomberg News reported on Wednesday.

SoftBank did not immediately respond to a Reuters' request for comment. Reuters could not immediately verify the report.

Source: Reuters

Newsletter

Week in Review

Subscribe to our Chief Editor’s Week in Review

Our chief editor shares analysis and picks of the week's biggest news every Saturday.

Sign up for our newsletters

Get our pick of top stories and thought-provoking articles in your inbox

Subscribe here

Get the CNA app

Stay updated with notifications for breaking news and our best stories

Download here

Get WhatsApp alerts

Join our channel for the top reads for the day on your preferred chat app

Join here