SoftBank to Prepay $25.9 Billion Bridge Loan on September 15, Planning Debt Issuance to Refinance OpenAI Investment
SoftBank Group announced it will prepay its $25.9 billion bridge loan on September 15, clearing all outstanding balances. This move aims to refinance the funding through long-term debt, with plans to raise $10 to $20 billion by issuing U.S. dollar junk bonds and other instruments.
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