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Softbank Group launches over $10 billion in junk bonds for OpenAI investment, says report

SoftBank Group Corp has launched $10 billion and 1 billion euro-denominated senior unsecured notes to fund its investment in OpenAI, a term sheet showed on Monday.The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split int…

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