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SoftBank Draws Over $20 Billion of Early Interest in Junk Bond
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4 Articles
4 Articles
SoftBank Draws Over $20 Billion of Early Interest in Junk Bond
SoftBank Group Corp. has drawn more than $20 billion of preliminary demand for what’s shaping up to be one of the biggest junk bond deals ever, people familiar with the matter said, as investors rush to capture record yields likely to be offered to help fund the firm’s investments in OpenAI.
·New York, United States
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In one of the largest historically high-risk bond issues, investors are seeking to take advantage of the likely standard returns to finance investments in Open Aye, according to a report. According to Bloomberg, this interest reflects indications of [...] an initial request of over $20 billion on high-risk soft bonds written in the Stock Exchange.
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Leaning Left0Leaning Right0Center2Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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