A $23 Trillion Market Swayed SoftBank in Hunt for More AI Debt
SoftBank Group Corp. has secured an $11.1 billion junk bond deal to finance founder Masayoshi Son's strategic focus on artificial intelligence. This record-breaking debt issuance signals the company's aggressive commitment to scaling its AI investments despite higher borrowing costs.
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- BBloomberg Technology↗Eleanor Duncan, Janice Huang and Claire Ruckin3d ago