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SoftBank Group will meet with investors in New York to test the market's willingness to subscribe to the issuance of US dollar junk bonds and raise funds for its investment in the field of artificial intelligence. The company is considering raising US$10-20 billion through junk bonds, which may include Eurobonds. This move may have an impact on the US high-yield bond index. SoftBank has invested tens of billions of dollars in artificial intelligence companies, boosting balance sheet leverage levels, and the market is concerned that its exposure to AI-related risks is too high. The company now wants to obtain long-term debt and refinance existing debt pressure.
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SoftBank Group will meet with investors in New York to test the market's willingness to subscribe to the issuance of US dollar junk bonds and raise funds for its investment in the field of artificial intelligence. The company is considering raising US$10-20 billion through junk bonds, which may include Eurobonds. This move may have an impact on the US high-yield bond index. SoftBank has invested tens of billions of dollars in artificial intelligence companies, boosting balance sheet leverage levels, and the market is concerned that its exposure to AI-related risks is too high. The company now wants to obtain long-term debt and refinance existing debt pressure.
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