SoftBank Group is organizing investor meetings in New York from September 14-17 at Citigroup's offices to discuss a potential junk-bond sale. The offering, which could range from $10 billion to $20 billion, may include both dollar and euro tranches and could be launched as early as September 2026.
The company aims to refinance a $40 billion bridge loan that matures in March 2027. This loan was used to fund investments in OpenAI, where SoftBank's total expected commitment is nearly $64.6 billion.
CFO Yoshimitsu Goto and other executives will lead the discussions, supported by Citigroup, Goldman Sachs, JPMorgan Chase, and Morgan Stanley. SoftBank is also exploring other funding options, including Japanese retail bonds.
The conglomerate currently holds a BB+ credit rating from S&P, which is one notch below investment grade. In April 2026, the company completed a $3.6 billion multi-currency bond sale, part of which featured an 8.5% coupon rate.