SoftBank draws over $20bn of early interest in $11bn junk bond sale to fund OpenAI tranche

SoftBank's $11 billion junk bond deal — one of the largest ever by a single company, funding its next $10 billion OpenAI investment tranche due to close Oct. 1 — has drawn more than $20 billion of early investor interest, according to NodeWire. The multi-part dollar- and euro-denominated deal is expected to price Thursday.

Detected & updated continuously · Source: Nebula