Softbank issues €9.8 billion in bonds for investments in OpenAI

Japanese telecommunications and investment giant Softbank has announced a major debt issuance valued at 1.76 trillion yen, approximately 11.1 billion dollars or 9.800 million euros. The announcement, reported from Tokyo on September 24, specifies that the funds raised will be utilized to finance the company's multi-million-dollar investments in OpenAI.

Simultaneously and in an entirely separate financial event, the government of the Dominican Republic, through its Ministry of Hacienda and Economy, executed a liability management operation. This governmental maneuver involved the placement of 1.600 million dollars in new global bonds alongside the simultaneous repurchase of 1.385.2 million dollars of existing sovereign bonds carrying a 5.95 percent coupon and scheduled to mature in January 2027.