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SoftBank is raising more than $11 billion in high-yield debt to fund its investment in the artificial intelligence boom.
High-yield debt, often called junk bonds, refers to loans from borrowers with lower credit ratings that carry higher interest rates to compensate investors for the added risk.
The Japanese group is seeking this capital in both dollar and euro denominations. The short version is that SoftBank is leveraging its balance sheet to secure a position in the current AI surge.
The company is not relying on cash reserves or traditional bank loans for this specific expansion. Instead, it is tapping the bond market directly. This move signals a significant commitment to the sector.
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