SoftBank Group Corp. launched what became one of the largest corporate junk bond deals ever on September 21, 2026, initially seeking over $11 billion and drawing preliminary demand exceeding $20 billion by September 23. The proceeds will fund the Japanese conglomerate's continued investments in OpenAI.
Apollo Global Management was in talks on 2026-09-17 to increase a loan to SoftBank from $5.4 billion to $9 billion, with the funds supporting SoftBank's substantial investments in AI companies including OpenAI.
SB Energy Inc., a SoftBank Group-backed data center company, aims to raise up to $500 million from Japan as part of its planned initial public offering on 15 September 2026. Proceeds will fund infrastructure development including data centers and power plants.
SoftBank Group secured an upsized $11.9 billion loan from approximately 20 banks by September 15, 2026, exceeding its original $10 billion target to fund its investment in OpenAI.