JustDario

JustDario

@dariocpx · Twitter ·

This article is a bit misleading, ~500bn JPY of SoftBank group bonds are maturing this September meaning of this 1 trillion half of it will repay old debt with new debt (at much higher yields) so SoftBank will only get ~3bn$ of extra cash likely swallowed by its other ST CPs

The Wall Street Journal

The Wall Street Journal

The fundraising comes as SoftBank seeks to finance an increasingly ambitious AI strategy. https://on.wsj.com/3Sky3at