SoftBank plans to meet with investors and is considering a large-scale bond issuance

SoftBank Group will hold meetings with investors in New York to gauge market interest in subscribing to US dollar junk bonds, aiming to raise funds for its investments in the artificial intelligence sector. The company is considering raising 10 to 20 billion US dollars through junk bonds, which may include some euro-denominated bonds. This move could impact the US high-yield bond index. SoftBank has already invested tens of billions of US dollars in artificial intelligence enterprises, pushing up the leverage level on its balance sheet, and the market is concerned about its high AI-related risk exposure. The company now hopes to obtain long-term debt to refinance and relieve the pressure of existing liabilities.