SoftBank Stock Weighs $20B Bond Sale to Repay OpenAI Loan
TLDR
- SoftBank is in talks with investment banks about a $10B to $20B bond sale, potentially launching as early as September.
- The proceeds would help repay a $40 billion bridge loan secured earlier this year to fund its OpenAI investment.
- SoftBank’s total OpenAI investment is expected to reach around $64.6 billion, giving it a 13% stake.
- SFTBY closed Tuesday at $16.04, up 1.71%, but has dropped more than 12% over the past five days.
- Two Wall Street analysts rate the stock a Hold, with TD Cowen setting a $20 price target.
SoftBank (SFTBY) closed Tuesday’s session at $16.04, up 1.71%, even as the stock has shed more than 12% over the past five days.
The Japanese investment group is now weighing a bond sale of between $10 billion and $20 billion. The bonds could be issued in U.S. dollars or euros, with a potential launch as early as September.
The funds would go toward repaying a $40 billion bridge loan SoftBank took out in March 2026. That loan was arranged mainly to support a fresh round of investment in OpenAI, alongside general corporate needs. It matures in March 2027.
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