SoftBank announces record $6.3 billion bond sale amid AI push

SoftBank has announced its largest-ever bond sale, worth 1 trillion yen ($6.29 billion), with a seven-year term and provisional interest rate of 4.3%-4.9%. Aimed at retail investors, final terms are expected on September 4. The fundraising will support SoftBank's expanding AI investments, alongside asset sales including Nvidia and T-Mobile shares.