SoftBank Group Corp. plans a record retail bond sale in Japan worth ¥1 trillion (about $6.3 billion), aiming to raise funds for its investment commitments, including those related to OpenAI.
According to a company filing, the offering consists of 7-year bonds expected to be priced on Sept. 4. The filing also indicates an indicative coupon range of 4.3% to 4.9%. Bloomberg and the Japan Times both report the planned size of the sale and present the same timing and terms for the securities, with differences limited to how the outlets describe the purpose and market context of the funding.