SoftBank Stock Falls as Company Plans Record $6.3B Bond Sale to Fund AI Push
TLDR
- SoftBank plans to raise 1 trillion yen ($6.3 billion) through a retail bond sale, the largest ever by a Japanese issuer.
- The seven-year bonds carry an indicative coupon of 4.3% to 4.9%, with final terms expected September 4.
- SoftBank stock fell 2.6% to 5,118.0 yen following the announcement.
- The company has committed more than $60 billion to OpenAI investments and is expanding data center capacity.
- The issuance is nearly twice the size of SoftBank’s previous record bond offering of 600 billion yen in April 2025.
SoftBank’s stock dropped 2.6% to 5,118.0 yen on Monday after the company announced plans to raise 1 trillion yen, roughly $6.3 billion, through a retail bond sale.
The offering is the largest ever by a Japanese issuer and nearly double the size of SoftBank’s previous record, a 600 billion yen bond sale completed in April 2025.
The seven-year bonds are aimed at individual investors and carry a provisional coupon range of 4.3% to 4.9%. Final pricing is expected on September 4.
… Continue reading the full article at the original source below.
This content is automatically aggregated. Full credit goes to the original publisher (coincentral.com).
