SoftBank will sell 1 trillion yen (about $6.29 billion) of seven year corporate bonds to Japanese savers, nearly double its prior record.
SoftBank Group announced Monday it will issue 1 trillion yen (about $6.29 billion) of seven-year corporate bonds aimed at individual investors in Japan, the largest such offering in the company's history and nearly double the 600 billion yen record it set in April 2025, according to a SoftBank Group press release and Reuters via DealStreetAsia.
The provisional coupon range of 4.3% to 4.9%, the interest rate the bond pays to holders, was disclosed in a Japanese regulatory filing, with final pricing expected September 4, the Japan Times reported. In Japan's long-running low-rate environment, that yield is calibrated to attract retail savers rather than institutional buyers, a structure the company has used before but never at this size.
Proceeds are not legally earmarked for AI. SoftBank has instead been funding its AI-related capital expenditure through a stack that includes borrowings, bond sales, and asset disposals such as its Nvidia and T-Mobile stake sales, Nippon.com noted.
The retail-pitch bond lands the same week as Alibaba's roughly $10.2 billion share placement to fund its own "full stack" AI buildout, a parallel signal of how Asia's largest tech groups are tapping public capital for AI at the same moment.
The 1 trillion yen size and the September 4 pricing date are the two facts to watch.