SoftBank plans $6.29 billion corporate bond issuance amid AI fundraising boom

SoftBank is gearing up for a historic bond issuance aimed at securing funding for its robust investments in artificial intelligence. This ambitious seven-year corporate bond aims to raise a staggering one trillion yen from individual investors. With a provisional coupon rate established, this marks SoftBank's largest issuance to date, as companies throughout Asia also ramp up spending to enhance their AI infrastructure. Final terms are anticipated soon.