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SoftBank issues $11.1 billion in bonds in AI financing push, filing shows

SoftBank issues $11.1 billion in bonds in AI financing push, filing shows

- Technology investor SoftBank Group 9984.T has issued a total of $11.1 billion of dollar and euro denominated bonds, a filing showed on Thursday, as it looks to generate cash to continue its artificial intelligence investments.

SoftBank issued dollar-denominated senior notes of $1 billion at a three-and-a-half-year term, $4.5 billion at five-and-a-half years and $4.5 billion at seven-and-a-half years, the filing showed.

It also issued two €500 million tranches of euro-denominated senior notes with terms of four and six years, the filing showed.


(Reporting by Anton Bridge; Editing by Muralikumar Anantharaman)

((Anton.Bridge@thomsonreuters.com))

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