SoftBank plans $6.29 billion corporate bond issuance amid AI fundraising boom

Japan's SoftBank Group said on Monday it plans to issue 1 trillion yen ($6.29 billion) of seven-year corporate bonds aimed at individual investors. The firm set a provisional coupon range between 4.3% and 4.9% for this record issuance. SoftBank uses these funds to support its growing artificial intelligence investments.