SoftBank Group Corp.

Money Moves

Issuer of the 70th unsecured straight corporate bond (Fukuoka SoftBank HAWKS Bond)

SoftBank Group priced a ¥1 trillion (about $6.3 billion) retail bond on September 4, the largest ever sold in Japan. The seven-year note carries a 4.75% annual coupon, more than double the 2.3% average on yen retail corporate bonds issued in the country this year.

Updated 7 days ago

Money Moves

Raised the only larger loan in Asia this year

ByteDance, the company behind TikTok, has secured a $29.6 billion loan from nearly 30 banks. It's the second-largest dollar-denominated loan in Asia this year, behind only SoftBank's $40 billion March raise.

Updated 7 days ago

Money Moves

$6B margin loan talks stalled June 10 after ~$5B in soft commitments; shares fell 9.7%; watching OpenAI IPO for collateral conversion

SoftBank's talks to borrow $6 billion against its OpenAI shares stalled on June 10 after banks balked at pricing private-company collateral. SoftBank had gathered roughly $5 billion in soft commitments before the pause.

Updated Jun 11

Money Moves

Selling portfolio assets to fund AI strategy; PayPay's controlling shareholder post-IPO

PayPay, the mobile wallet used by three out of four smartphone owners in Japan, began trading on the Nasdaq on March 12 after raising $880 million in its initial public offering. The company sold roughly 55 million American Depositary Shares at $16 each, below its marketed range of $17 to $20, valuing the business at approximately $10.7 billion. It is the largest stock offering by a Japanese company on a U.S. exchange in over a decade.

Updated May 30

Money Moves

Posted surprise quarterly profit on $45B in OpenAI valuation gains; $40B bridge loan fully syndicated to 8+ banks; cumulative OpenAI investment approximately $64.6B

After the $122 billion round closed in April, OpenAI ended its Azure cloud exclusivity and capped Microsoft's revenue share at $38 billion through 2030. On May 18, a jury dismissed Elon Musk's suit seeking $134 billion and the reversal of OpenAI's for-profit structure.

Updated May 29

Money Moves

Acquiring DigitalBridge to expand AI infrastructure control

SoftBank just agreed to pay $4 billion for DigitalBridge, the alternative asset manager that controls $108 billion in data centers, cell towers, and fiber networks across three continents. It's the latest—and clearest—signal that Masayoshi Son is betting SoftBank's future on owning the physical infrastructure that powers AI, not just the software running on top of it. The timing is no coincidence: SoftBank is racing to secure $22.5 billion by year-end 2025 to meet its Stargate funding commitment to OpenAI.

Updated May 16