{"id":1037400,"date":"2026-09-21T16:46:07","date_gmt":"2026-09-21T11:16:07","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1037400"},"modified":"2026-09-22T06:41:36","modified_gmt":"2026-09-22T01:11:36","slug":"softbank-group-launches-over-10-billion-in-bonds-for-openai-investment-term-sheet-shows","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/09\/21\/softbank-group-launches-over-10-billion-in-bonds-for-openai-investment-term-sheet-shows\/","title":{"rendered":"Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows"},"content":{"rendered":"<p>SoftBank Group Corp has launched $10 billion and 1 billion euro-denominated senior unsecured notes to fund its investment in OpenAI, a term sheet showed on Monday. <\/p>\n<p>The dollar-denominated notes are split into 3-1\/2-year, 5-1\/2-year and 7-1\/2-year tenors, while the euro-denominated bonds are split into 4-year and 6-year tenors, according to the term sheet. <\/p>\n<p>Proceeds will be used to fund SoftBank&#8217;s $10 billion payment for the third tranche of its follow-on investment in OpenAI, which is expected to close on October 1, and for general corporate purposes, the term sheet said. <\/p>\n<p>SoftBank earlier secured a $10 billion bridge loan facility to fund its OpenAI investment, and the bonds will be cancelling that, according to the term sheet.<\/p>\n<p>The bond issuances are expected to price on September 24 and settle on September 29, the term sheet said.<\/p>\n<p>SoftBank Group could not be immediately reached for comment as it was a holiday in Japan.<\/p>\n<p>Citigroup and JPMorgan are lead bookrunners of the notes, according to the term sheet.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SoftBank Group Corp has launched $10 billion and 1 billion euro-denominated senior unsecured notes to fund its investment in OpenAI, a term sheet showed on Monday. The dollar-denominated notes are split into 3-1\/2-year, 5-1\/2-year and 7-1\/2-year tenors, while the euro-denominated bonds are split into 4-year and 6-year tenors, according to the term sheet. Proceeds will be used to fund SoftBank&#8217;s $10 billion payment for the third tranche of its follow-on investment in OpenAI, which is expected to close on October 1, and for general corporate purposes, the term sheet said. SoftBank earlier secured a $10 billion bridge loan facility to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-1037400","post","type-post","status-publish","format-standard","hentry","category-it-2"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1037400","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1037400"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1037400\/revisions"}],"predecessor-version":[{"id":1037405,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1037400\/revisions\/1037405"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1037400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1037400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1037400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}