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SoftBank pays steep price for record bond sale to fund OpenAI bet

SoftBank pays steep price for record bond sale to fund OpenAI bet
Key Points

Masayoshi Son’s group pays yields of up to 9.75% to raise more than $11bn in the largest junk bond offering on record

Masayoshi Son’s group pays yields of up to 9.75% to raise more than $11bn in the largest junk bond offering on record
SoftBank (ORG) Masayoshi Son’s (PERSON)
Originally published by Financial Times Read original →