Sources detail the lengths SoftBank went to secure its $11B junk bond sale, including high yields, to replace a $40B bridge loan for its OpenAI investment (Bloomberg)
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Bloomberg : Sources detail the lengths SoftBank went to secure its $11B junk bond sale, including high yields, to replace a $40B bridge loan for its OpenAI investment — SoftBank Group Corp.'s billionaire founder Masayoshi Son has said he's “all in” on AI. The conglomerate's record $11.1 billion junk bond deal …
