Japan's SoftBank Group said on Monday it plans to issue 1 trillion yen (US$6.29 billion) of seven-year corporate bonds aimed at individual investors.
The technology investor set a provisional coupon range between 4.3 percent and 4.9 percent for the bonds, according to a regulatory filing.
SoftBank has been ramping up spending on artificial intelligence-related investments, financing the push through borrowings, bond sales and asset disposals, including sales of holdings in Nvidia and T-Mobile.
Companies across Asia are stepping up investment in AI infrastructure. Chinese e-commerce and cloud computing company Alibaba9988.HK launched a US$10.2 billion share placement on Sunday to invest in its "full stack" AI capabilities.
The issuance is SoftBank's largest ever and nearly twice the size of its previous record - a 600 billion yen offering issued in April 2025.
SoftBank is expected to announce the final terms of the bond issuance on September 4.
Reuters
