SoftBank Group Unveils Record-Breaking 1 Trillion Yen Retail Bond Issuance

SoftBank Group has announced its largest-ever bond issuance, targeting retail investors in Japan. The massive offering totals 1 trillion yen ($6.4 billion), with a coupon rate of 4.75%. This marks the highest level for SoftBank's straight bonds in 17 years.

The move comes as Japan's rising yields are impacting global markets, according to senior Treasury officials. SoftBank Group Chairman and CEO Masayoshi Son has previously spoken about the need for massive investment in AI, stating that $5 trillion is required annually. This bond issuance is seen as a key step towards financing such ventures.

The 1 trillion yen offering surpasses NTT Finance's previous record for Japan's largest bond issue by a company. SoftBank's plans are also significant in the context of global markets, which have been affected by rising yields in Japan.