SoftBank Plans Record ¥1 Trillion ($6.3B) Retail Bond, Third Sale This Year to Fund AI Investments

SoftBank is preparing what would be Japan's largest retail bond ever — roughly ¥1 trillion ($6.3B) with a seven-year maturity — to help repay a bridge loan backing its OpenAI stake and fund additional physical-AI acquisitions. It is SoftBank's third bond sale this year on top of a $10B credit facility secured earlier in August against its OpenAI holding. Terms are expected to be finalized in early September with yields above 4%.